Economy

Optimizing the business environment to stimulate investment enthusiasm, gathering efforts from multiple regions to boost confidence in the development of the private economy

2025-02-05   

In 2024, various regions across the country will continuously optimize the business environment, promote the implementation of reforms, solve new situations and problems faced by the development of the private economy, and gather efficiency to boost confidence in the development of the private economy. Optimizing the business environment by deepening the integrated service of "one thing, one process", Anhui has accelerated the construction of a government service system with the best policies, lowest costs, best services, and fastest processing. The average total number of trips for enterprises and the public to handle matters has been reduced from 9.35 to 0.76, and the processing time has been compressed from 28.8 days to 6.7 days. The Yangtze River Delta region is one of the most dynamic and developed areas of China's private economy. Shen Jianrong, Secretary of the Party Group and Director of the Development and Reform Commission of Jiangsu Province, introduced that Jiangsu Province has issued the "Regulations on Optimizing the Business Environment in Jiangsu Province", formulated and revised 12 local regulations in the fields of promoting small and medium-sized enterprises and foreign investment in the business environment, and eight prefecture level cities including Nanjing, Wuxi, and Suzhou have issued local business environment regulations, forming a "1+8" local business environment specialized legislative system, continuously promoting comprehensive and special legislation on the business environment, and continuously optimizing the legal environment. To address prominent issues such as local protectionism and market segmentation, Jiangsu is exploring the establishment of a fair competition review mechanism. In 2024, Jiangsu accepted and investigated 63 cases of various monopoly clues, and filed 4 investigations. Jiangsu also implemented a gradual supervision of 'credit+law enforcement'. Since 2024, a total of 2668 gradual law enforcement cases have been implemented, 1311 cases of exemption from punishment and light punishment have been handled, and fines have been reduced or waived by 89.1167 million yuan. "Shen Jianrong introduced. In March 2024, Zhejiang Province issued and implemented the "Regulations on Optimizing the Business Environment in Zhejiang Province". The Regulation provides systematic provisions for optimizing the business environment from the aspects of market management, government services, factor support, digital empowerment, innovation support, openness enhancement, and humanistic ecology, further improving the basic systems of market economy such as property rights protection, market access, and factor guarantee, and providing protection for market operators, especially small and medium-sized enterprises, "Du Xuliang, Secretary of the Party Group and Director of the Zhejiang Provincial Development and Reform Commission, told reporters. The relevant person in charge of the Shanghai Development and Reform Commission told reporters that "Shanghai has increased its financial support for private enterprises, established a 100 billion yuan industrial investment fund around the three leading industries and future industries, and issued the 'Several Policies and Measures to Reduce the Burden of Enterprises and Support the Development of Small and Medium sized Enterprises in Shanghai', which is expected to reduce the burden by about 117 billion yuan annually. Adhering to the normalization of promoting projects to private capital, Zhejiang has sorted out 389 "three lists" projects, and 128 projects have successfully attracted 318.9 billion yuan of private investment. In addition, the organization held a "Collaborative Development Promotion Conference for State owned Enterprises and Private Enterprises", which facilitated the signing of 12 major cooperation projects with a total amount of 12.8 billion yuan. To solve the problems of "financing difficulties" for small and micro enterprises and "lending difficulties" for banks, Jiangsu has established a three-level support mechanism for small and micro enterprise financing coordination at the provincial, municipal, and county levels. Relying on a comprehensive financial service platform, it provides risk compensation, loan interest subsidies, and other support for private enterprises. It has also established a strategic emerging industry parent fund with a total scale of 50 billion yuan, and the first direct investment project has landed in private enterprises. Anhui is promoting a new mechanism for cooperation between the government and social capital, actively coordinating franchising work and project implementation, and completing the review of franchising plans for 14 highways and 4 railway projects. The progress of franchising work is leading in the country. Relying on the national investment project online platform, Anhui Province has established a normalized promotion mechanism for key field projects, attracting private capital to participate in 304 projects with a total investment of 230.8 billion yuan, "said Chen Jun, Secretary of the Party Group and Director of the Anhui Provincial Development and Reform Commission. At present, private investment still faces problems such as market access barriers, high financing costs, and difficulty in obtaining financing information Zhang Linshan, Director of the Research Office of the Institute of Economic System and Management of the National Development and Reform Commission, stated that all regions should increase policy support, broaden financing channels, reduce financing costs, continuously break down market access barriers, promote the construction of a unified national market, and stimulate the potential of private investment. It is reported that Shanghai has established a technology resource sharing service platform, gathering 28 major scientific research facilities and more than 3000 various service institutions, with a total instrument value of over 56 billion yuan. By creating three private enterprise headquarters clusters in Nanhongqiao, Zhangjiang, and Shibei High tech, as well as two private economic headquarters parks in Changxing and Jiading New City, Shanghai is accelerating the improvement of industrial agglomeration levels. Currently, there are 598 recognized private enterprise headquarters in the city, with over 10000 specialized, refined, and new small and medium-sized enterprises, accounting for over 80% of the total. Promote the aggregation of various innovative resources to enterprises, cultivate and strengthen technology-based enterprise clusters in Anhui, build a hierarchical cultivation system of "technology-based small and medium-sized enterprises - high-tech enterprises - unicorn enterprises - technology listed enterprises - technology leading enterprises", and continuously strengthen the main position of enterprise innovation. Anhui is building four trillion level industries including automobiles, new generation information technology, equipment manufacturing, and new materials, four industries worth over 500 billion yuan including advanced photovoltaics and new energy storage, green food, modern chemicals, and non-ferrous metals, three industries worth over 300 billion yuan including new building materials, and three industries worth over 100 billion yuan including energy conservation and environmental protection. We are vigorously attracting private enterprises to deeply participate in the strengthening, supplementing, and extending of the industrial chain Chen Jun introduced. To promote the aggregation of innovation resources, Jiangsu supports private enterprises to participate in the construction of major scientific and technological infrastructure and high-level innovation platforms. Shen Jianrong introduced that Jiangsu has built a total of 183 national level enterprise R&D institutions and over 9000 provincial-level enterprise R&D institutions, of which 50% of national level R&D institutions and 70% of provincial-level R&D institutions are built in private enterprises. In addition, Jiangsu is accelerating the construction of manufacturing innovation centers, striving to create 140 national level enterprise technology centers and 4368 provincial-level ones, with private enterprises accounting for nearly 90%. Xiao Weiming, Deputy Secretary General of the National Development and Reform Commission, stated that in the next step, we will cooperate with relevant parties to carry out special actions to regulate law enforcement related to enterprises, and safeguard the legitimate rights and interests of private enterprises and private entrepreneurs; Promote fair opening of infrastructure competitive fields to business entities, especially to private enterprises; Improve the policy and system of financing support for private enterprises, and promote the implementation of solutions to account arrears; Establish a regular communication and exchange mechanism between the national, provincial, municipal, and county levels and private enterprises, make good use of the comprehensive service platform for the development of the private economy, widely listen to the opinions and suggestions of various enterprises, promote the resolution of urgent and common problems of enterprises, and accelerate the development of the private economy. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:Economic Daily

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