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To promote the development and growth of the private economy, this press conference is full of information! Click for details →

Release Time：

2023-07-21

Recently, 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" were officially released. The State Council Information Office held a press conference on July 20 to introduce the situation related to promoting the development and growth of the private economy. How to break down hidden barriers? What measures will enhance the confidence of private enterprises? Let’s see together——

What specific measures will be taken to break down hidden barriers and stimulate the vitality of the private economy?

Many private enterprises have reported that some places have set up unreasonable restrictions and hidden barriers for private enterprises in terms of market access, project bidding, etc. Private enterprises have received unequal treatment, which has not only affected the local business environment and The construction of a unified market has also affected the expansion of private investment and hindered the healthy development of the private economy. Focusing on solving this problem, the "Opinions" specifically put forward targeted measures to continuously optimize the development environment of the private economy.

First, continue to break down market entry barriers. All regions and departments shall not set or covertly set up barriers to access in the form of filing, registration, annual inspection, accreditation, certification, designation, requiring the establishment of branches, etc., and clear and standardize the frontiers for administrative approval, licensing, filing and other government service matters. According to the establishment conditions and approval standards, government service matters shall not be converted into intermediary service matters. Steadily carry out market access effectiveness assessments and establish a response mechanism for complaints and handling of market access barriers.

The second is to comprehensively implement policies and systems for fair competition. Improve the institutional framework and policy implementation mechanism for fair competition, insist on treating all types of ownership enterprises equally, strengthen anti-monopoly law enforcement, and franchise operations shall not be granted to operators without fair competition, and the operation, purchase, and use of products provided by specific operators shall not be restricted. Goods and Services. Regularly launch a negative list of market intervention behaviors, and promptly clean up and abolish policies that hinder the unified market and fair competition such as local protection, market segmentation, and designated transactions.

The third is to improve the social credit incentive and restraint mechanism. Comprehensively promote the credit commitment system, incorporate commitment and performance information into credit records, give full play to the role of the credit incentive mechanism, and enhance the sense of gain for companies with good credit. Improve the credit repair mechanism after correction of untrustworthy behavior, improve the government's integrity performance mechanism, establish and improve government untrustworthiness records and punishment systems, and include breach of trust information such as breach of contract, breach of contract, default on accounts, refusal to perform judicial decisions and other untrustworthy information of government agencies and institutions into the national credit information sharing platform.

The fourth is to improve the market-oriented restructuring mechanism. Encourage private enterprises to revitalize existing assets and recover funds, promote the revision of the "Enterprise Bankruptcy Law" and improve supporting systems, optimize policies related to the transfer of individual industrial and commercial households to enterprises, and reduce conversion costs.

What measures will be implemented in the near future to enhance the confidence of private enterprises?

In terms of increasing policy support for the private economy, we should focus on enhancing the accuracy, stability, effectiveness and coordination of policies to respond to the concerns and demands of enterprises, improve the financing support policy system, and improve the market-based sharing mechanism of financing risks jointly participated by multiple parties. , improve the normalized prevention and liquidation mechanism for arrears, and improve the normalized docking mechanism for the liquidation of arrears and audit, supervision, inspection and other systems. Strengthen the protection of talent and employment needs, and unblock professional title review channels for private enterprises. We will improve the mechanism for direct access to support policies and enjoy them immediately, establish a system for "enjoyment without application" for support policies, and strengthen policy communication and anticipation guidance. Set a reasonable transition period based on actual conditions, and give full play to the role of entrepreneurs in the formulation and evaluation of enterprise-related policies, plans, and standards.

In terms of creating a social atmosphere that cares about promoting the development and growth of the private economy, we should guide the society to correctly understand the major contributions and important roles of private enterprises, cultivate a public opinion environment that respects private enterprises and private economic innovation and entrepreneurship, and enhance entrepreneurs' sense of honor and social value, in accordance with the law. Severely crack down on blackmail using negative public opinion as a threat. Support private enterprises to better fulfill their social responsibilities, and encourage and guide private economic professionals to become doers of development and contributors to the new era. Show a good image of obeying laws and social ethics to the whole society, and better interact with public opinion.

Focusing on the implementation of the "Opinions", the National Development and Reform Commission will work with relevant parties to launch relevant supporting policy measures in the near future. First, several recent measures have been launched to promote the development of the private economy. The second is to formulate and issue policy documents to promote private investment, focus on key areas, improve factor guarantee mechanisms, and fully mobilize the enthusiasm of private investment. The above two documents will be released soon.

What policies and measures will be adopted to support the innovation of small, medium and micro enterprises?

First, demonstration and leadership promote the improvement of both scale and quality. Five batches of specialized and new "little giant" enterprises have been cultivated. The scale of the "little giant" enterprises has been further expanded and their quality has been further improved. We are working hard to study and formulate several measures to promote the high-quality development of "specialized, special and new" small and medium-sized enterprises, continue to increase support for specialized, special and new enterprises, strengthen the group of high-quality small and medium-sized enterprises, and polish the golden sign of specialization, special new and new.

The second is to promote the formation of collaborative innovation through integration. Through the release of rankings and other forms, we will build a collaborative innovation platform between large enterprises, universities and colleges, and small, medium and micro enterprises to achieve in-depth connection between supply and demand, technology and market, and create a good environment where "big rivers are full of water and small rivers are full, small rivers are full of water and big rivers are full" Develop ecology.

The third is to innovate and empower to enhance comprehensive development advantages. We will carry out in-depth "Three Endowments" nationwide activities and hold the "Maker China" small and medium-sized enterprise innovation and entrepreneurship competition to gather more innovation resources and empower small, medium and micro enterprises for high-quality development.

What work has been done to promote financing for small, medium and micro enterprises? What are the next steps to consider?

In recent years, the Ministry of Industry and Information Technology has joined forces with relevant departments to actively promote the financing of small, medium and micro enterprises.

The first is to expand the scale of indirect financing for small, medium and micro enterprises. Guide banking financial institutions to increase credit to small, medium and micro enterprises, expand the scale of first loans, credit loans, renewal loans without principal repayment and medium and long-term loans, and work with the Ministry of Finance to implement fee reduction awards for small and micro enterprise financing guarantee services for six consecutive years. The supplementary policy has achieved the policy effect of “expanding coverage, increasing quantity, and reducing fees”.

The second is to promote the listing and financing of small and medium-sized enterprises. Together with the China Securities Regulatory Commission, we promoted the establishment of "Specialized, Specialized, Special and New" special boards in nine regional equity markets including Beijing and Zhejiang, launched the "One Chain per Month" investment and financing roadshow activities, and carried out investment and financing docking activities focusing on small and medium-sized enterprises in key industrial chains. Guide various localities to establish listing cultivation databases for specialized, specialized, and new small and medium-sized enterprises, and carry out classified guidance, precise services, and investment and financing docking for companies planning to be listed.

The third is to give full play to the leading role of government investment funds. Guide the National Small and Medium Enterprise Development Fund to focus on national strategies to carry out investment business, attract more social capital, and increase investment in growing small and medium-sized enterprises in the seed and start-up stages.

In the next step, the Ministry of Industry and Information Technology will organize with relevant departments to carry out the "one chain, one policy, batch" financing promotion action for small and medium-sized enterprises, do a good job in cultivating specialized and new small and medium-sized enterprises for listing, and implement the financing guarantee fee reduction award for small and micro enterprises. Supplementary policies will continue to increase the financing promotion of small, medium and micro enterprises, support small, medium and micro enterprises to become "single champions" and "supporting experts" with core competitiveness, and play a greater role in strengthening and stabilizing the chain.

This "Opinion" proposes a number of specific measures to promote the high-quality development of the private economy in a high-level manner. Whether these measures can be implemented is related to the final effect of the policy. How will we implement the various measures in the "Opinions"?

The first is to improve mechanisms and consolidate responsibilities. Establish and improve working mechanisms to promote the development of the private economy and private enterprises, further clarify and consolidate departmental responsibilities, strengthen coordination, and strengthen central-local linkage. Local governments must also follow the spirit and requirements of central documents and fully integrate local realities to formulate and refine specific implementation plans, determine work goals and time schedules, promote the implementation of various measures, and effectively enhance the sense of gain for private enterprises.

The second is to closely track and optimize supporting facilities. Strengthen statistical monitoring, continue to dynamically track the implementation of documents, improve the third-party evaluation mechanism of policy implementation effects, and constantly study new situations, summarize new experiences, and solve new problems. Propose follow-up supporting measures to improve policies in a timely manner, and strive to solve the outstanding stage difficulties and problems faced in the development of the private economy.

The third is to continue to supervise and strengthen incentives. Strengthen the supervision and implementation of policies that have been introduced, and focus on promoting the implementation of policies such as promoting the development and growth of the private economy, protecting property rights, and promoting entrepreneurship. Establish and improve a rights protection platform for private economic complaints, improve the confidentiality system for complaints and reports, handling procedures and supervision and assessment mechanisms, so that valuable measures can see tangible results.

The fourth is to widely publicize and interpret it well. Do a good job in document interpretation and publicity, tell the stories of private enterprises and entrepreneurs, create an atmosphere in which the whole society cares and supports the development and growth of the private economy, enhance the enthusiasm and initiative of private enterprises to seek development, reform, and innovation, and let the private economy The source of innovation fully flows and the creative vitality fully bursts out.

(Source: Chinese Government Website)

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