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Encourage private capital investment in the State Council promulgated the "new 36" - the State Depa by wewtghjk wghjkl





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Encourage private capital investment in the State Council promulgated the "new 36" - the State Depa by
Article Posted: 03/28/2011
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Word Count: 711
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Encourage private capital investment in the State Council promulgated the "new 36" - the State Depa


 
Business,Business News,Business Opportunities
Encourage private investment Authorized by the Chinese Government's website published the "State Council to encourage and guide private investment and healthy development of a number of opinions" (hereinafter referred to as "Opinion"). "Opinions" of Article 36. "Opinions" that further expand the areas and scope of private investment, private capital set up to allow financial institutions to encourage and guide private investment into basic industries and infrastructure, support and guide private capital investment in building affordable housing, public Lease Housing policy housing.

1, further broadening the scope of private investment in the fields and. In-depth implementation of the "State Council on Encouraging, Supporting and Guiding the individual and private and other non-public economic development of a number of opinions" (Guo Fa 2005 3) and a series of policy measures to encourage and guide private investment into the laws and regulations do not explicitly prohibit access industries and fields.

Second, encourage and guide private investment into basic industry and infrastructure. Third, encourage and guide private investment into the municipal utilities and policy areas of housing construction. Encourage private capital participation in construction of municipal utilities. To support private capital into the city water supply, gas supply, heat supply, sewage and waste disposal, public transport, urban landscaping and other fields. Encourage private capital to actively participate in the reorganization of municipal public enterprises restructuring, the conditions of municipal utility project can take market-oriented approach, to private capital the right to transfer the property or business. Policy to encourage private capital participation in housing construction. Support and guide the private capital investment in building affordable housing, public rental housing, housing policy, participation in shantytowns, enjoy the relevant policies of housing construction policy.

Fourth, encourage and guide private investment into the social undertakings. 5, to encourage and guide private capital to enter financial services. Financial institutions set up to allow private capital. In strengthening the effective regulation, to promote standardized operation, under the premise of preventing financial risks, to relax restrictions on the share of financial institutions. To support private capital by way of shares in commercial banks to increase their investment, participation in rural credit cooperatives, urban credit cooperatives in the restructuring work. Encourage private capital to initiate or participate in the establishment of village banks, finance companies, unions and other financial institutions in rural finance, rural banks or community banks to relax the legal limit for minimum investment proportion. Pre-tax provision for the full implementation of the SME loan loss reserve policies, simplify small nuclear doubtful debts of financial institutions Pin Review process. Appropriate to relax the small loan companies the proportion of a single investor ownership restrictions on agriculture-related small business loans companies and rural banks to implement the same financial subsidies. Initiated the establishment of private capital to support credit guarantee companies, the Credit Guarantee Corporation of risk compensation mechanisms and risk-sharing mechanisms. Initiated to encourage private capital to establish a financial intermediary services, participation in securities, insurance and other financial institutions, restructuring and reorganization.

Six, encourage and guide the flow of private capital into the business field. 7, to encourage and guide private investment into the national defense technology industry. 8, to encourage and guide private investment and participation in restructuring state-owned enterprise reform combined. 9, and promote private enterprises to strengthen Innovation Transformation and upgrading. 10, encourage and guide private enterprises to actively participate in international competition. 11, to create a favorable environment for private investment. 12, to enhance private investment in the services, guidance and standard management.

"Opinions" that all localities and departments should encourage and guide private investment in health development task in a more important position, further emancipate our minds, deepening the reform, innovation and pragmatism, according to the opinion request, pay close attention to research formulate specific measures for implementation, the policy measures as soon as possible, to create an enabling private investment in health development, policy environment and public opinion environment, effectively promote the sustained and healthy development of private investment, promoting investment and reasonable growth, structural optimization, efficiency improvement and the Economic and Social Rapid Development.

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