General

Under the combined effect of various factors, the downward pressure on my country's economy continues to increase. To put stable growth in a more prominent position, we must give full play to the key role of investment. To stabilize investment, we must stabilize private investment as the "main force". The State Council recently issued the "Package of Policy Measures for Solidly Stabilizing the Economy", which clearly calls for the stabilization and expansion of private investment.

At present, it is necessary and fundamental to stabilize and expand private investment.

The private economy is an important part of my country's socialist market economy, has made outstanding contributions to the development of the national economy, and plays an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood. Private investment accounts for the bulk of the overall investment and is an important force in promoting my country's economic development, especially in the manufacturing sector, where private investment accounts for more than 80%. Therefore, private investment is also seen as a "barometer" of economic vitality. The Party Central Committee and the State Council attach great importance to the private economy and private investment, and actively take effective measures to promote the sustainable and healthy development of private investment.

To stabilize and expand private investment, various localities are taking active actions. Shanghai proposes to encourage and attract more social capital to participate in a number of major projects such as municipal railways and new infrastructure, encourage private investment to focus on urban infrastructure, etc., and participate in key project construction through a comprehensive development model; Guangdong proposes to use investment subsidies, Capital injection and other means to enhance the attractiveness of infrastructure projects to make up for shortcomings to private investment; Beijing proposes to publicly promote private capital participation projects in key areas to the public in two batches within the year, and to complete the first batch of project promotions by the end of June 2022 , The total investment is more than 100 billion yuan.

To stabilize and expand private investment, we must implement measures to stabilize growth and effectively enhance the confidence of private capital. At present, there are many unstable and uncertain factors in economic operation, and the difficulties of market players have increased significantly. They are faced with many problems such as rising raw material costs, poor industrial and supply chains, and insufficient market demand. Some market players, especially private enterprises and small, medium and micro enterprises. Businesses lack confidence and are uncertain about investment prospects, so they are afraid to invest and do not want to invest. A package of policies and measures to stabilize the economy has been introduced. In the next step, all localities should conduct comprehensive screening and refinement of the policies, so that market players should know everything they should know and enjoy, so that policy dividends can be transformed into development effects as soon as possible.

To stabilize and expand private investment, we must persist in using reforms to solve difficulties in progress. It is necessary to create a stable, transparent, fair competition, and innovative institutional rules and business environment; give play to the role of major projects and government investment leveraging, attract private capital to participate in the construction of municipal, transportation, ecological environment, social undertakings and other areas that make up for shortcomings; actively Do a good job in the docking of social capital investment and financing cooperation, give full play to the role of the long-term mechanism for promoting projects to private capital, and strengthen project financing guarantees. Promote the healthy development of real estate investment trust funds in the infrastructure sector, revitalize existing assets, form a virtuous cycle of investment, and standardize the promotion of government-social capital cooperation.

Affected by the epidemic, many industries are in a difficult situation, but there are opportunities in crisis, and only innovators win. It is necessary to actively create favorable conditions for private enterprises to increase capital and expand production, encourage enterprises to promote the high-end, intelligent and green development of traditional industries, and support private enterprises to actively cultivate new technologies, new products, new formats and new models, so as to overcome the hurdles ahead. Climb higher mountains.