Creating a Better Environment for Private Investment Capital | Private | Investment
Private investment is an indispensable and important link in expanding effective investment and solidly stabilizing the economy. Currently, factors such as economic downturn pressure and changes in the international environment have led to a decline in profits for private enterprises, a decrease in expectations for private entrepreneurs, and insufficient investment willingness and ability. In the first half of this year, the growth rate and proportion of private investment in the overall investment both decreased.
Private investment is sensitive to the external environment and pays more attention to investment returns, with strong volatility and relatively weak risk resistance. Therefore, it is necessary to create a better environment for private investment.
Give a sense of fairness. Resolutely break down hidden barriers, prohibit any form of additional access conditions, support private enterprises to enter and invest equally in areas outside the negative market access list in accordance with the law. In accordance with the standards of fair competition review, we will continue to investigate and clean up the "hidden rules" that restrict the fair participation of private capital, and maintain a fair competition market order. Support private investment in major projects, clarify participation methods, operational models, and return mechanisms, and treat design, construction, raw material, facility and equipment supply equally in bidding.
Enhance the sense of gain. Establish a financing docking mechanism for private investment projects, give full play to the role of government financing guarantee institutions, promote financial institutions to support private investment projects, and promote the rational allocation of credit resources to private investment. Expand investment and financing channels for private enterprises, encourage eligible private investment projects to issue infrastructure REITs, enhance investment capabilities, and promote the formation of a virtuous investment cycle. Increase the supply of technology, data and other elements for key private investment projects, and coordinate and solve the difficulties in obtaining elements through green channels and other means.
Ensure a sense of security. Smooth channels for reporting issues to the government, listen to the voices of private entrepreneurs, and solve difficulties and implement practical measures for private investment. Improve the government's mechanism for keeping promises and avoiding excessive promises and empty promises, and increase efforts to investigate and punish behaviors such as overdue payments to private enterprises, new officials ignoring old accounts, and damaging the legitimate rights and interests of private enterprises. In specific practice, for various approval matters related to private investment, we should make good use of the latest achievements of the "streamlining administration and improving services" reform to reduce links, time, and efficiency for private investment projects.
In addition to solving the problem of "having something to invest in", it is also necessary to "invest well". At present, some traditional industries have overcapacity, fierce market competition, and relatively high risks in emerging industries. Many private capital are uncertain about their investment direction and adopt a wait-and-see attitude on how to invest. In response to these issues, it is necessary to clarify a number of key sub areas that encourage the participation of private capital, release relevant development plans, industrial policies, etc., comprehensively sort out and select projects suitable for private investment participation, and prepare a list to help private enterprises make better investment decisions. Encourage private capital to participate in the construction of innovation centers and platforms, strengthen the introduction and implementation of high-quality track projects, and guide private investment to play a greater role in high-quality development.
Economic growth cannot be achieved without the confidence and vitality of private investment. Recently, policies to promote private investment have emerged frequently. The Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy make arrangements for the development of the private economy from a macro level, while the Notice of the National Development and Reform Commission on Further Strengthening the Promotion of Private Investment and Striving to Mobilize the enthusiasm of private investment proposes concrete measures and work tasks that can be operated and effective. Various regions have also taken measures to solve bottlenecks and difficulties from a micro level. The synergy and effectiveness of policies at different levels will further stimulate the vitality of private investment.
