Private investment to accelerate the introduction of the country back DPP wind up

Source: Internet
Author: User
Keywords State
Tags .mall cleaning clear close development development and reform commission economic economic development
The wind has changed!  When all walks of life also in the debate 2009 years of the country into the retreat phenomenon, the country retreat DPP's footsteps in the spring of 2010 is gradually approaching. March 24, Premier Wen Jiabao chaired the State Council executive meeting to study the deployment of policy measures to further encourage and guide the healthy development of private investment.  These policy measures mainly focus on four aspects, that is, broadening the scope of private investment, promoting independent innovation, encouraging private enterprises to participate in state-owned enterprise reform and cleaning up the laws and regulations that hinder private investment, and perfecting the environment of nongovernmental investment. March 25, a person close to the NDRC told the Huaxia Times reporter, the move means that the development and Reform Commission investment division of more than a year of "further promotion and encouragement of private investment," (hereinafter referred to as "private investment opinion") will soon be unveiled. During the two sessions, Mu Hong, deputy director of the NDRC, said that "private investment opinions" will soon be submitted to the State Council for discussion. "Not only the unprecedented intensity, but also because of listening to a lot of enterprise's opinion, will start from the concrete details."  One participant said. All along, private investment has attracted much attention. In a proposal submitted by the "two sessions" by the Central People's government to actively expand private investment in response to the financial crisis, the DAB proposes to take six measures to actively expand private investment.  Industry and Commerce, said, has been for many years to the development and Reform Commission, further liberalized the oil retail and import areas, improve local refining enterprises to develop the environment, promote the formation of a diversified oil supply system. "Private investment needs to be vigorously activated. "Private investment will dominate the new round of China's economic development," said Zhang Hanya, a researcher at the NDRC's Investment Research Institute.  Laid-off, director of the Macro Research department at the Economic Institute of the Academy of Social Sciences, also said that 4 trillion of investment is only a preliminary plan by the State Council, activating private investment is the sustainability of growth.  Then the green light in domestic demand still need to pry, external need to rebound is not clear, private investment or will become a new pole to stimulate economic growth, which left the market with infinite reverie. Earlier, the NDRC responsible for the "unprecedented intensity" four words to describe the "private investment opinion" on SME support.  Its performance focuses on expanding the scope of private investment, breaking down the industry monopoly, reducing the burden of tax and fee and improving financial services. Whether from the recent promotion of economic growth, or long-term restructuring of the goal of reform, so that more private capital into the monopoly industry has been the voice of all parties. Some areas may be larger, such as railways, and some areas may be fine-tuning, such as oil. Moreover, the introduction of private capital into public utilities and social undertakings is not enough.  According to the introduction, the current private investment in real estate, wholesale and retail, accommodation and catering and other fields, and infrastructure, telecommunications, financial and insurance sectors are almost the state-owned capital "monopoly." 2005, the State Council issued a "Non-public 36", explicitly allow Non-public capital into the financial, electric power, telecommunications, railways and other monopoly areas.  September 2009, the State Council again issued 29 New deal, but due to insufficient refinement of measures, leading to the lack of power of private capital. In 2009, the 4 trillion investment plan led to thisOne year to become a private economy "lost year", a large number of credit, resources, projects, most of the country to the size of the enterprise. For a time, all over the country's "King" Rise, in some places reorganization and integration process, private capital was gradually squeezed out. The more typical is the integration of Shanxi coal resources.  In this coal reform, the state capital wantonly expands, all things.  A number of experts interviewed said that private enterprises in the financing path and financing costs, and state-owned enterprises, whether it is Shanxi coal restructuring, private steel companies were merged, the milk industry nationalization and the king of the Central Enterprise, the enterprises are squeezed side. However, the investment and retreat of the people's capital has always been inseparable from the macro-policy. "Private capital needs to be activated from the institutional level."  "A number of scholars believe that the private investment in the new deal is expected to solve the private capital once watching state."  Activate 12 trillion investment the above four measures proposed by the State Council executive meeting have been expressed in the "non-public 36", such as encouraging and directing private capital to enter the fields of telecommunication energy, public utilities, national defense science and technology, safeguard housing and so on. However, the performance of "non-public 36" has not been satisfactory over the years.  Taking 2008 years as an example, private investment accounted for 13.6% of the electricity and heat, the financial industry accounted for 9.6%, in the oil, telecommunications, railways and other monopolistic industries, private capital accounted for lower. "The launch of the new deal to promote private investment, strategic emerging industries can be a piece."  "A polysilicon Enterprise director Gao Haojun told our correspondent, if not from the industrial policy embodiment, promote private investment will become a mere formality." The second half of last year, the development of strategic emerging industries thinking gradually clear, industrial policy adjustment will and promote private investment policy docking.  Policymakers are looking for a new deal to revive private investment. Zhang Hanya that the activation of private investment is to increase the sustainability of the initiative, the significance of the long-term.  At a time when private investment has been depressed, the NDRC will draft a number of opinions on further encouraging and promoting private investment (commonly known as "Non-public 20") for submission to the State Council. Before, while the state-owned enterprises have been galloping, private capital can only opt out.  Now that policymakers recognize that the pursuit of state-owned enterprises in all areas by leaps and bounds, encourage the development of non-public economy is also related to China's economic development direction. "Even in the 2009, the Non-public sector is still superior to state-owned enterprises in terms of efficiency and employment," he said. "Zhang Hanya said.  President Huang also shouted that China's economic growth is the most intrinsic driving force is private capital, the private sector contributed more than 50% of GDP. In the monopoly industry on the restrictions on access to people's capital, the Development and Reform Commission deputy Director Mu Hong also do not mince: "The current difficulties of private investment access, highlighting in some traditional monopoly industries."  "The next step in the 4 trillion investment is that it is becoming clear that the private sector will be able to drive bigger investment plans." Guangdong Province proposed to complete 1.3 trillion of the social investment in 2009, Shandong Province issued 800 billion social investment plan; Housing construction department proposed 900 billion solutionsThe Ministry of Railways proposes to invest 2 trillion to speed up the construction of the corridor ... "According to this plan, 4 trillion of central and local government input will likely lead to more investment in the whole society."  Lu Ying, deputy director of Beijing University's China Center for Financial Research, reckons that 4 trillion of government investment will drive 12 trillion of social investment, according to the multiplier effect of 1:3. Encourage the development of private enterprises although the state has issued a series of measures to encourage the development of privately-run enterprise, but in the implementation process there are some deviations.  Reporters in the two sessions of the data obtained is that 70% of small and medium-sized enterprises are facing financing difficulties, more than 30% of small and medium-sized loans in the financial crisis in the plate "shrink" half.  In many venues, the Chinese Times reporter interviewed the CPPCC members that the strong support for SME development can activate private investment, should be financial support, tax concessions on small and medium-sized enterprises to give strong support. CPPCC member Hanyuan The title of this year's proposal is "the state should increase support for small and medium-sized enterprises". The State should give priority to liquidity and project loan support to the key private enterprises with market, efficiency and credit, and give certain preferential policies in financing, guarantee and fund operation. Hanyuan accepted this reporter to say in an interview.  In his view, the state can pass the financial rebate, tax rebate, tax reduction and other means, to leave the money to enterprises, support small and medium-sized enterprises to expand, thus stimulating the economy, stimulating domestic demand.  Similar to Hanyuan's point of view, a number of NPC representatives gave the answer is: now and in the future in order to vigorously support the development of SMEs, must encourage and promote private investment. "Banks can be divided into a certain proportion of the share of loans dedicated to supporting the development of private enterprises, the key enterprises of independent scientific and technological innovation to support."  "Including the New Hope Group, the Tong Wei Group, including the relevant officials told reporters. As a matter of fact, Wen Jiabao, the premier, has presided over several meetings of the State Council to effectively ease the financing difficulties of SMEs.  It is reported that the meeting discussed the establishment of small enterprises loan risk Compensation Fund, the establishment of the central and local financial contributions and enterprises jointly set up a multi-level SME lending institutions, research on small and medium-sized enterprises and fiscal support policies and so on. "Whether these content will become part of this" folk investment opinion ", is decided by the policy-making level. An expert interviewed told reporters.  But he also said that the future trend is to encourage government investment to support SMEs tilt. "Financial investment should give priority to the projects that can stimulate private investment, and give play to the leverage of fiscal funds in stimulating private investment."  "To promote steady and rapid economic growth in China, we must ensure the sustainable development of the non-public economy," said a finance and taxation expert. Whether folk investment can be driven, the leading role of large private enterprises is indispensable. Reporter learned that many enterprises began urgent action, the New Hope Group, Lifan Group, Wanxiang Group are actively looking for and policy convergence point. Whether the new deal will let more private enterprises "free to enter the Monopoly field", it is worth looking forward to.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.