Here we go! 22 measures to fully support the development of private economy
The State Administration for Market Regulation recently released several measures for market supervision departments to promote the development of the private economy. Since the issuance of the "Opinions on Promoting the Development and Growth of Private Economy" by the Central Committee of the Communist Party of China and the State Council on July 14th, market supervision departments have implemented the institutional measures formulated by the Party Central Committee and the State Council, which is of great significance in boosting confidence in the development of private economy, regulating and guiding the healthy development of private capital in accordance with the law.
The 22 measures focus on five aspects, implement the deployment requirements of the Opinions of the Central Committee of the Communist Party of China and the State Council, and respond to various concerns of the private economy:
One is to continuously optimize the development environment of the private economy. Continuously breaking down market access barriers, fully implementing fair competition policies and systems, strengthening anti-monopoly law enforcement to prevent abuse of administrative power and eliminate restrictions on competition, improving social credit incentive and constraint mechanisms, and improving credit repair mechanisms after correcting dishonest behavior.
The second is to increase policy support for the private economy. Improve the collection and sharing of credit information, and establish a sound credit rating and evaluation system for small and medium-sized enterprises and individual businesses. Improve the support policy for direct and fast access mechanisms.
The third is to strengthen the legal guarantee for the development of private economy. Continuously improve the intellectual property protection system, improve the regulatory and law enforcement system, eliminate selective law enforcement, and establish a long-term regulatory mechanism for enterprise fees.
Fourthly, we will focus on promoting high-quality development of the private economy. Support private enterprises to participate in standard formulation and provide measurement services to small and medium-sized enterprises. Standardize and guide the healthy development of private capital in accordance with the law, and promote the healthy development of platform economy. The fifth is to continuously create a social atmosphere that cares about and promotes the development and growth of the private economy, timely promote experience and practices, and increase publicity.
The State Administration for Market Regulation stated that the release of 22 measures will greatly enhance the enthusiasm and initiative of private enterprises in seeking development, reform, and innovation, making the private economy a stronger force, ushering in a broader development stage and brighter development prospects, and contributing to promoting China's comprehensive construction of a socialist modernized strong country and achieving the second centenary goal.