On November 7, the national development and Reform Commission issued the opinions on further improving the policy environment and strengthening support for the development of private investment (hereinafter referred to as the opinions), encouraging private enterprises to increase investment in energy-saving and carbon reduction fields such as solar power generation, wind power generation, biomass power generation and energy storage, accelerate the preliminary work of private investment projects, and guide the high-quality development of private investment.

The "Opinions" pointed out that private investment accounts for more than half of the investment in the whole society, adhere to the "two unshakable", increase policy support, and use market methods and reform measures to stimulate the vitality of private investment, which is conducive to mobilizing the investment enthusiasm of all parties and stabilizing market expectations., Increase jobs, promote high-quality economic development, and help realize Chinese-style modernization. In order to implement the spirit of the 20th National Congress of the Communist Party of China, further improve the policy environment and increase efforts to support the development of private investment.

The "Opinions" emphasized that various policies and measures to encourage the development of the private economy should be implemented to promote the development and growth of the private economy. We will protect the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law, set up "traffic lights" on the premise of preventing disorderly expansion of capital, and launch a number of "green light" investment cases to standardize and guide the healthy development of capital. Do a good job in the proposed policy and macro policy orientation consistency assessment, to prevent the introduction of policies and measures that affect the enthusiasm of private investment. Strengthen publicity and guidance, respond to market concerns in a timely manner, stabilize market expectations, enhance private investment confidence, and promote the high-quality development of private investment.

The main points of the opinions are summarized as follows: first, we should give full play to the role of major projects and government investment, and support private investment to participate in the construction of 102 major projects. According to the "14th Five-Year Plan" 102 major projects, major national strategies and other clear key construction tasks, select projects with a certain level of income and relatively mature conditions, and attract private capital to participate in a variety of ways. Encourage private investment to focus on urban infrastructure, participate in the construction of key projects through a comprehensive development model, and improve the level of digitalization, networking, and intelligence. Encourage private enterprises to increase solar power, wind power, biomass power, energy storage and other energy-saving carbon reduction areas of investment.

Support private investment in the construction of scientific and technological innovation projects. Encourage private capital to actively participate in the construction of innovation platforms such as the National Industrial Innovation Center, the National Technology Innovation Center, the National Energy R & D Innovation Platform, the National Engineering Research Center, and the National Enterprise Technology Center, and support private enterprises to undertake major national scientific and technological strategic tasks. Encourage central enterprises and industry leading enterprises to strengthen the application of new products and technologies of private enterprises, and guide private enterprises to participate in the supply chain construction of major projects. In the bidding of projects related to the stable industrial chain supply chain, the consortium of large and medium-sized enterprises is given preference, and private enterprises are encouraged to participate. The second is to accelerate the implementation of private investment projects. Deepen the reform of "letting go. Accelerate the preliminary work of private investment projects. We will improve the mechanism for the government to keep its promises.

Third, to guide the high-quality development of private investment. Support the transformation and upgrading of private investment in the manufacturing industry. Encourage private investment to rely more on innovation-driven development.

Fourth, private investment is encouraged to revitalize the stock of assets in a variety of ways. Support private investment projects to participate in the pilot real estate investment trust funds (REITs) in the infrastructure sector. Guide private investment to actively participate in the revitalization of state-owned stock assets. Attract private investment by revitalizing the stock and organically combining reconstruction and expansion. Encourage private enterprises to revitalize their own stock assets.

Fifth, strengthen private investment financing support. Increase policy support for private investment project financing. Guide financial institutions to actively support private investment projects. Support private enterprises to innovate financing methods.

Sixth, promote the healthy development of private investment. In-depth implementation of cost reduction policies. Guide private investment in scientific and rational decision-making. Support private enterprises to strengthen risk prevention. Further optimize the social environment for private investment. Source: National Development and Reform Commission official website