Within two months, many ministries and commissions have frequently opened up major new policies infrastructure and key areas to private capital, and have accurately broken through the difficulties of financing, costs, and access, effectively enhancing the sense of access of private enterprises

"This round of policies to support private enterprises is unprecedented in diversity and density, and policy measures can be described as 'all-round'. "Linzhiyuan, a professor at the Macroeconomic Research Center of Xiamen University, told the" Economic Reference "reporter that private enterprises have an important role in stable growth, protecting employment, contributing taxes, increasing economic vitality, and reducing the debt ratio of the whole society.

Against the backdrop of pressure on the domestic and foreign economies, the government is focusing on the core issues facing private enterprises, such as difficulty in financing, high cost of financing, heavy tax burden and high cost.
Liuxingguo, a researcher in the research department of the China Enterprise Federation, said in an interview with the "Economic Reference News" reporter that strengthening the investment confidence of private entrepreneurs, reducing the burden on private enterprises, and enhancing corporate profitability and development vitality have become the focus of this year's policy. However, he also admitted that the implementation of some policies still needs to be strengthened.
In fact, implementation has become the focus of this round of policy. The reporter learned that at present, all parts of the country are deploying and optimizing the private investment environment, implementing the "non-ban on entry" in important areas, and making breakthroughs in promoting the landing of major projects, instead forcing policies and measures to come to fruition and promote the development of private capital and enterprises.
This year, Guizhou will relax access to private investment, plan and implement a number of major projects and projects in specialty industries, infrastructure and other areas, standardize and advance PPP projects, implement 1,000 key private investment projects, and ensure the completion of 650 billion yuan of private investment. Hainan said that we must do a good job in supporting financial resources and other local funds, effectively activate social investment, adhere to "non-prohibited entry", expand access to tourism, pension, education and other fields, and introduce more diversified investment subjects.
"The acceleration of the opening up of major local infrastructure and key areas to private capital has expanded the area where private capital participates in investment and development, providing more opportunities for private capital to develop. " said Liuxingguo. However, he also pointed out that there are two aspects to be solved in the participation of private capital in major infrastructure projects. First, on the threshold of participation, the gap between the volume of private capital and the investment needs of major infrastructure projects should be considered. Formulate a feasible participation plan design to remove hidden barriers to the participation of private capital. The second is the expected benefits of the project. If the project lacks reasonable expected benefits, it is difficult to effectively stimulate the interest of private capital.
For this year's key point in supporting private enterprise development, Liuxingguo believes that the focus may also be on stabilizing the expectation that Hebao will operate. Moreover, addressing financial challenges can not be ignored. Private entrepreneurs often want financial institutions to develop differentiated and more targeted credit policies. Financial institutions should also allocate credit resources to the most effective enterprises and truly support the sustainable development of dynamic and promising enterprises. " said Liuxingguo.
"The key to supporting the development of private and private enterprises in 2019 is to implement the newly introduced policies and measures. The focus is on increasing financing support and reducing the burden of taxes and fees. Mr Linzhiyuan said it was necessary to further enhance the sense of ownership of private enterprises, form a more open capital market, study the establishment of equity financing support tools for private enterprises, establish an industry development fund to promote the development of private enterprises and small and medium-sized enterprises, and establish a private enterprise loan risk compensation mechanism. It is also necessary to ensure that the actual burden of social security contributions of enterprises is substantially reduced. Moreover, market mechanisms should play a fundamental role in the allocation of resources, and negative lists should be established so as to ensure that they are not prohibited.