How can the new 36 articles of the State Council b

2022-07-30
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How can the "new 36 articles" of the State Council be trusted by private capital?

how can the "new 36 articles" of the State Council be trusted by private capital?

China Construction Machinery Information Guide: after the State Council issued several opinions on encouraging and guiding the healthy development of private investment (hereinafter referred to as the "new 36 articles"), confused private capital saw some hope. However, some private capital representatives still have doubts. They are not only worried that the new 36 articles will not be implemented, but also worried that in the process of implementation

after the State Council issued several opinions on encouraging and guiding the healthy development of private investment (hereinafter referred to as "new 36 articles"), confused private capital saw some hope. However, some private capital representatives still have doubts. They are not only worried that the "new 36 articles" will not be implemented, but also worried that in the process of implementation, the direction will change, resulting in heavy losses

the introduction of the "new 36 articles" is not an isolated emergency. Considering that the hydraulic universal testing machine is a precision instrument, the strict regulation of the real estate market shows that the decision-making level has a very clear idea: opening up many economic fields and attracting private capital can attract a flood of hot money, which can play a role in drawing money from the bottom of the barrel in the real estate market. Developing the domestic tertiary industry and giving full play to the flexible and sensitive characteristics of private capital are important ways to transform the economic structure. If this step can be successfully completed, the number and income of employees of private capital will increase significantly, promote domestic demand and complete the smooth economic transformation

however, the key to the completion of the three Eagle strategy of transferring structure, promoting domestic demand and leveling the real estate market is the implementation and policy stability. In this regard, the concerns of private entrepreneurs are reasonable

in 2005, the predecessor of the "new 36 articles", the "non-public economy 36 articles", was introduced. In essence, the "non-public 36 articles" are aimed at all non-public economic entities, while the "new 36 articles" are aimed at private investment. The former ends the previous two consecutive falls, and the scope is broader. If it can be implemented, China's economic structure should be greatly improved in five years. However, in the second year after the introduction of the "36 non-public" articles, the guiding opinions on promoting the adjustment of state-owned capital and the reorganization of state-owned enterprises with the same policy status was issued, which made it clear that the seven industries would be controlled by the state-owned economy and emphasized the absolute control of the state-owned economy in the fields of power, communications, oil and so on

under this constraint, according to the statistics of Orient Securities, as of the end of last year, among more than 80 industries in the whole society, 72 allowed state-owned capital, 62 allowed foreign capital, and only 41 allowed private capital. Moreover, the proportion of private investment in monopoly industries is too low. In 2008, the proportion of private holding investment in the total investment was divided into: power, gas and water production and supply industry 12 At present, 87% of waste plastics are cleaned manually or mechanically, 9.48% in the financial industry, 6.14% in the water conservancy, environment and public facilities management industry, 5.89% in the transportation, warehousing and postal industry, and 1.18% in the telecommunications and other information transmission services industry. The "36 non-public provisions" have not been implemented in a real sense. During the "oil shortage" in recent years, we can always hear that private oil enterprises have no access to purchase goods and petrochemical giants take advantage of chaos to acquire. "36 non-public" are called glass ceiling. We can see it, but we can't pass it

on the other hand, the frequent changes in some local policies have also left private entrepreneurs with lingering fear. In 2009, Shanxi Province promoted the merger and reorganization of the coal industry, and all private capital was cleared out of the industry. According to the China business daily, a coal mine owner said that he would never dare to invest in such an industry that is particularly encouraged by the policy without clear rules. "Who can guarantee that similar phenomena will not happen again? When some industries need large-scale financing, private capital will be encouraged to enter. Once private capital enters, it will start to set up business barriers, or even close the door?"

the weak position of private capital in the economic system is the most severe test for the implementation of the "new 36 articles". As a veteran of Internet entrepreneurship, zhangchaoyang called on "the government to put aside many actions of personally participating in competition and competing for profits with the people and focus on protecting fair competition" in February this year; After years of low profit, China's color TV industry finally found the opportunity of Internet TV. However, due to the protection of departmental interests, it was unable to start its business; If these problems are not solved, the "new 36 articles" still cannot give private capital complete confidence

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