Commentary: New journey begins for China's private sector

    Source: Xinhua| 2018-11-03 18:47:01|Editor: Lu Hui
    Video PlayerClose

    BEIJING, Nov. 3 (Xinhua) -- With unswerving support from the central authorities, China's private enterprises are set to embark on a new journey and embrace a brighter future.

    On Thursday, President Xi Jinping presided over a symposium on private enterprises, saying that China will unswervingly encourage, support and guide the development of the non-public sector and support private enterprises to move toward a broader stage.

    The private sector plays an important role in the Chinese economy, contributing more than 50 percent of tax revenue, 60 percent of GDP, 70 percent of technological innovation, 80 percent of urban employment and 90 percent of new jobs and new firms.

    Xi reiterated the status and functions of private enterprises, adding that the sector has played an important role in developing the socialist market economy, transforming government functions, transferring surplus rural labor and tapping the international market.

    "Over the past 40 years, the private sector of the economy has become an indispensable force behind China's development," Xi said.

    However, some private companies have recently encountered difficulties and problems in their development in terms of market, financing and transformation.

    The principle and policies to unswervingly encourage, support and guide the development of the non-public sector have not changed, and the principle and policies to provide a sound environment and more opportunities in the sector have not changed either.

    Xi demanded the implementation of policies and measures in six aspects to create a better environment for the development of private enterprises and to address their difficulties, including reducing their burden of taxes and fees, addressing the difficulty and high cost of financing, and leveling the playing field for them.

    Policy support has already been stepped up. Late last month, the government decided to facilitate bond issuance by private companies, with liquidity support from the central bank lent to professional institutions.

    The People's Bank of China, the country's central bank, announced that it will provide guidance for supporting bond issues of private firms by offering a part of the initial capital to financial institutions, and also increase the quotas of re-lending and rediscounts to ensure that targeted loans can be channeled to private firms.

    With the new commitments to supporting the private sector, more favorable policies are expected be rolled out soon.

    The difficulties and problems faced by private enterprises are just a natural part of development, and will surely be solved with effective measures.

    As private companies and entrepreneurs are once again reassured by central authorities, their potential is to be further unleashed while China's economic strength is to be further improved.

    Economic Watch: Entrepreneurs reassured after Xi vows unwavering support

    KEY WORDS: private sector
    EXPLORE XINHUANET
    010020070750000000000000011102351375794041
    主站蜘蛛池模板: 免费福利在线观看| 国产精品多人P群无码| 久久精品中文字幕久久| 男人扒开女人下面狂躁动漫版 | 亚洲Av鲁丝一区二区三区| 男人扒开添女人下部免费视频| 国产丰满老熟女重口对白| 巨胸流奶水视频www网站| 天天操天天干天天玩| 中日韩国语视频在线观看| 最近免费韩国电影hd无吗高清| 亚洲精品在线播放| 美国十次狠狠色综合av| 国产思思99re99在线观看| 3p视频在线观看| 天堂网www在线资源中文| 中文字幕一区二区三区乱码| 日韩在线视频线视频免费网站| 在线观看黄的网站| 久久91精品国产一区二区| 欧美在线一级视频| 人人爽人人爽人人爽| 老司机午夜免费福利视频| 国产成人女人在线视频观看| 91精品国产免费入口| 巨胸流奶水视频www网站| 久久亚洲精品中文字幕三区 | 欧美黑人又大又粗XXXXX| 午夜在线播放免费高清观看| 韩国三级电影网址| 国产欧美日韩精品丝袜高跟鞋 | jizzjizz之xxxx18| 国自产拍亚洲免费视频| 一区二区国产在线播放| 斗罗大陆动漫完整免费| 久久精品99久久香蕉国产| 欧美xxxxx做受vr| 亚洲妓女综合网99| 永久免费无码网站在线观看个| 免费久久精品国产片香蕉| 美国式禁忌3在线影片|