The General Office of the State Council issued "Several Measures for Further Promoting the Development of Private Investment"

In order to further stimulate the vitality of private investment and promote the development of private investment, the General Office of the State Council recently issued "Several Measures to Further Promote the Development of Private Investment", proposing 13 targeted policy measures. In terms of expanding market access, for key areas such as railways and nuclear power projects with certain profits that require national approval, private capital participation is encouraged and ownership ratios are specified; for new projects in urban infrastructure sectors in small-scale regions with profit potential, private capital participation in construction and operation is encouraged; private capital is guided to participate in the construction of low-altitude economy, commercial aerospace, and actively support capable private enterprises in undertaking major national technological breakthrough tasks; irrational restrictions on service industry operating entities are eliminated; new mechanisms for government and social capital cooperation are standardized, and the list of franchising projects supported by private enterprises is revised; unreasonable requirements for private enterprises set in the bidding and tendering field are resolutely eliminated; greater support is provided for small and medium-sized enterprises in government procurement. In terms of overcoming obstacles, the legitimate rights and interests of private enterprises in areas such as power grid operation, oil and gas pipeline facility use, and resource allocation are protected; private enterprises are encouraged to accelerate the construction of major pilot platforms with strong industry driving force, and support state-owned enterprises, universities, and research institutes to provide market-oriented pilot services to private enterprises; support private leading enterprises, chain leading enterprises, third-party service providers to build comprehensive digital empowerment platforms, and deepen the implementation of special actions to empower digital small and medium-sized enterprises, support more private small and medium-sized enterprises to accelerate digital upgrading and transformation. In terms of strengthening guarantees, efforts are made to increase support for private investment projects meeting the conditions through central budget investments, new types of policy financial instruments; banks and financial institutions should set annual service targets for private enterprises to meet their reasonable credit needs; continue to implement the "green channel" policy for listing financing of enterprises with key core technologies in science and technology, actively support more qualified private investment projects to issue real estate investment trusts in the infrastructure sector. The "Several Measures" require all regions and relevant departments to strengthen services, guidance, and standardized management of private investment, guide private enterprises to operate in good faith, make informed investment decisions, actively fulfill social responsibilities, effectively prevent various risks, and promote high-quality development of private investment. The National Development and Reform Commission, together with relevant parties, is required to strengthen policy guidance, overall coordination, and ensure implementation.