Further stimulate the vitality of private investment! 13 policy measures have been introduced

Private investment is an important supporting force for stabilizing growth, adjusting structure, and promoting employment. The "Several Measures to Further Promote the Development of Private Investment" issued by the General Office of the State Council was announced on the 10th, proposing 13 targeted policy measures and releasing positive signals to further stimulate the vitality of private investment and promote its development.

Zhang Xiaolan, a researcher at the Economic Forecasting Department of the National Information Center, stated that there is vast investment space for new industrialization, new urbanization, energy conservation and carbon reduction transformation in China. There is a high demand for investment in basic public services, affordable housing and other livelihood areas, and expanding private investment has solid support.

Market access is a prerequisite for business entities to participate in economic activities, and fair competition is a fundamental principle of a market economy.

Encourage and support private capital to participate in key projects such as railways and nuclear power that require national approval and have certain returns, and clarify requirements for shareholding ratios; Encourage private capital to participate in the construction and operation of new infrastructure projects in small and profitable cities in various regions; Clearing up unreasonable restrictions on the entry of service industry operators... Several measures must be taken simultaneously to further improve the market access system and broaden the space for private investment.

In terms of breaking through bottlenecks, several measures focus on solving the problem of concentrated feedback from private enterprises, proposing practical measures such as encouraging and supporting private enterprises to accelerate the construction of a number of major pilot platforms with strong industry driving force, and deeply implementing the special action of digital empowerment for small and medium-sized enterprises, in order to create a stable and predictable institutional environment for private investment.

Promoting the development of private investment cannot be achieved without strong policy guarantees. Several measures focus on optimizing the business environment, boosting development confidence, deploying increased support for eligible private investment projects such as central budget investment and new policy based financial instruments, and actively supporting more eligible private investment projects to issue infrastructure real estate investment trusts (REITs) and other hard measures, which will more effectively boost private investment confidence and make private enterprises willing, able, and confident to invest.

Overall, several measures have directly addressed the concerns of private enterprises, with a focus on expanding access, breaking through bottlenecks, and strengthening guarantees. They have played a policy 'combination punch' and will better stimulate the endogenous driving force of private investment. "Professor Ma Shuang from the University of International Business and Economics said that various regions and departments should deepen, refine, and implement measures according to local conditions, improve policy accuracy and operability, and implement them layer by layer to continuously transform policy dividends into the driving force of private investment development.

Zhang Xiaolan stated that further stimulating the vitality of private investment, promoting the development of private investment, and continuously unleashing the potential of domestic demand will inject stronger impetus into high-quality economic development.