Li Keqiang presided over the convening of the national standing committee meeting to deploy measures to support private investment and promote projects that achieve more with one stone
2022-06-16
Premier Li Keqiang chaired a State Council executive meeting on June 15 to deploy measures to support private investment and promote projects that achieve more with one stone, so as to better expand effective investment and promote consumption and employment; Determine the payment of medical insurance for employees of small, medium and micro enterprises to be postponed at different stages, and make greater efforts to support relief and job stabilization; It decided to carry out special rectification of illegal charges related to enterprises and deploy the postponement of the payment of administrative and institutional charges. The meeting pointed out that it is necessary to implement the deployment of the Party Central Committee and the State Council, follow the general ideas and policy orientations of the central economic work conference and the government work report, base on the current steady growth, and focus on the long-term to promote the sustained and healthy development of the economy. We should seize the time window and pay attention to interval regulation. We should not only decisively intensify efforts to stabilize economic policies, but also not issue excess money and overdraw the future. We should strive to ensure that market players maintain employment, stabilize prices and stabilize the overall macroeconomic situation. The meeting pointed out that to expand effective investment, we should focus on launching projects that can not only fill the weaknesses and adjust the structure, but also expand employment with consumption, so as to mobilize the enthusiasm of all parties. Private investment accounts for more than half of the total social investment. We should adhere to the "two unwavering principles", increase policy support, and stimulate the vitality of private investment with market methods and reform measures. First, we should select a number of demonstration projects to attract private capital to participate in the 102 major projects planned in the 14th five year plan and the key construction areas identified by the state. The identified transportation, water conservancy and other projects should be accelerated, non-governmental investment should be treated equally in bidding, and specific measures for work relief should be introduced as soon as possible. Second, we need to deepen the reform of "deregulation, management and service". We will improve the efficiency of handling procedures for private investment, bring large projects into the local key project pool, and strengthen land security. All localities should protect the legitimate rights and interests of private investment and strictly implement policy commitments. We will support the healthy development of the platform economy and the development of venture capital by private capital. Third, financial institutions should be encouraged to support private investment by renewing loans and extending the term. Provide government financing guarantee for eligible projects. We will promptly launch real estate investment trust fund projects for private investment. Encourage private enterprises to convert market-oriented debt into equity. The meeting emphasized that the underground comprehensive pipe gallery is a "Lizi" project in the city, with great investment potential and strong driving ability, and is a representative project that achieves more with one stone. It is necessary to promote the construction of underground comprehensive pipe gallery in combination with the deployed urban old pipe network reconstruction. Make scientific planning, increase policy support, improve the fee return mechanism, and attract social capital to participate. Guide financial institutions to issue long-term loans, and provide market-based credit enhancement support for the project subjects to issue credit bonds. The meeting pointed out that keeping 150million market players can stabilize employment and maintain the resilience of China's economy. In order to further help enterprises to relieve poverty and stabilize their posts, small, medium-sized and micro enterprises are allowed to defer the payment of employee medical insurance units for three months in eligible areas, with a scale of about 150billion yuan. The implementation of the policy should go directly to the main body of the market and enjoy it without application. The deferred payment will not affect the medical insurance treatment, maintain the stability of the reimbursement ratio and the variety of drugs, and ensure that all reports should be reported. The meeting decided to carry out special rectification of illegal charges related to enterprises, focusing on the fields of transportation and logistics, water, electricity, gas and heating, finance, local finance and economics, industry associations, chambers of Commerce and intermediary agencies. All localities and departments should carry out self-examination and self correction from July to September, focusing on the problems such as inadequate implementation of fee reduction policies, illegal charges in the name of epidemic prevention and control, collection of fees that have been cancelled by decree, compulsory bundling, random inspection and random fines. For self-examination and self correction, joint inspection should be carried out in due time, typical problems should be seriously dealt with and exposed, and a long-term supervision mechanism should be established through reform. At the same time, all departments should have a sense of the overall situation and the concept of working together in the same boat. They should systematically sort out the administrative fees and deposits related to enterprises and individual industrial and commercial households in this field. In principle, the payment should be postponed for one quarter without late fees. The deferred payment list shall be formulated and published, and the implementation shall be supervised in due time. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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