Relevant persons from the National Federation of Industry and Commerce revealed that the National Development and Reform Commission is about to issue documents to promote private investment, and effectively open the threshold for entry into the monopoly industry. The fiscal and taxation policies that are conducive to the development of small and medium-sized enterprises will also be introduced. In addition, restrictions on local investment platforms are required to make more room for private capital.
At the ventilation meeting of the CPPCC proposal held on February 26, the relevant person in charge of the Federation of Industry and Commerce said that the 4 trillion investment led by the central government has already played a significant role in the economic recovery and industrial recovery. The next step is to increase the enthusiasm of private investment. Encouraging, guiding and expanding private investment is an important focus of national economic policy. According to this source, the degree of openness in areas such as crude oil import and export and refined oil retailing is expected to increase further, and finance and public utilities are also expected to be open.
The Federation of Industry and Commerce suggests that the scope of government investment should be clearly defined. In the economic and social fields that are related to national security and the market cannot allocate resources effectively, government investment cannot be absent; for private investment projects that private capital is willing to enter and can use market-oriented operations, Government investment should try to give way.
At the same time, market access restrictions should be further liberalized. In all industries and fields where laws and regulations do not explicitly prohibit private capital access, it is strictly forbidden to set any additional conditions for private investment; deepen the reform of monopoly industry system, clarify the specific operational methods of private capital access to relevant monopoly industries and fields; and transform government functions To regulate government behavior, change the pre-existing supervision mode based on the access regulations, and adopt post-regulation based on normative behavior and post-regulation based on legal sanctions.
At the ventilation meeting of the CPPCC proposal held on February 26, the relevant person in charge of the Federation of Industry and Commerce said that the 4 trillion investment led by the central government has already played a significant role in the economic recovery and industrial recovery. The next step is to increase the enthusiasm of private investment. Encouraging, guiding and expanding private investment is an important focus of national economic policy. According to this source, the degree of openness in areas such as crude oil import and export and refined oil retailing is expected to increase further, and finance and public utilities are also expected to be open.
The Federation of Industry and Commerce suggests that the scope of government investment should be clearly defined. In the economic and social fields that are related to national security and the market cannot allocate resources effectively, government investment cannot be absent; for private investment projects that private capital is willing to enter and can use market-oriented operations, Government investment should try to give way.
At the same time, market access restrictions should be further liberalized. In all industries and fields where laws and regulations do not explicitly prohibit private capital access, it is strictly forbidden to set any additional conditions for private investment; deepen the reform of monopoly industry system, clarify the specific operational methods of private capital access to relevant monopoly industries and fields; and transform government functions To regulate government behavior, change the pre-existing supervision mode based on the access regulations, and adopt post-regulation based on normative behavior and post-regulation based on legal sanctions.
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