Hidden obstacles to private investment

Haidu Investment tells you: In encouraging private investment activities, it is an important measure to accelerate the transformation of development mode and stimulate economic vitality. In recent years, the state has issued a series of policies and measures to encourage and guide the development of the non-public ownership economy. The executive meeting of the State Council called for continuing to emancipate the mind, earnestly change ideas, and fully implement various policies to encourage and guide private investment.

The independent evaluation conducted by the All-China Federation of Industry and Commerce, which is commissioned by the State Council and closely linked with private enterprises, shows that the policies and measures for encouraging and guiding private investment and the implementation rules have not been implemented in many aspects, which directly affects the effective implementation of policies. Since 2010, relevant state departments have done a lot of work, but due to various reasons, hidden obstacles hindering private investment still exist, and there is still a long way to go to eliminate these hidden obstacles.

Xu Hongcai, director of the Information Department of the China International Economic Exchange Center, believes that the "glass doors" and "spring doors" that form invisible obstacles to private investment are difficult to eliminate. The key lies in the lack of ideological understanding. Realize "fair rules, equal opportunities, and transparency of information, further rationalize the relationship between the government and the market, and treat private investment fairly."

To encourage and guide private investment and create a fair and competitive market environment, the key lies in deepening reforms and improving systems and mechanisms. Xu Hongcai said that at present, private enterprises are more common in the problem of difficult and expensive loans. Speed up financial reforms to create equal rights for private capital and other capital to obtain loans. In addition, to create a fair competitive environment, it is necessary to achieve fair market access; promote price mechanism reforms to give full play to the basic role of the market in resource allocation; improve laws and regulations to ensure that private capital participates in market competition on an equal footing.

At present, in order to encourage and guide the healthy development of private investment, it is also necessary to implement a series of measures introduced by the new government, deepen the reform of the administrative examination and approval system, and accelerate the transformation of functions. At the same time, it is necessary to continue to review and revise administrative regulations, departmental rules and normative documents related to private investment, and formulate clear, transparent, fair and operable market access rules.