BEIJING, Dec. 24 -- China will intensify its support for the development of the private sector, and small and medium-sized enterprises (SMEs) to boost the vitality of market entities and enhance their confidence, an executive meeting of the State Council, China's cabinet, decided on Monday. The meeting was chaired by Premier Li Keqiang.
The growth of SMEs has been high on the Chinese government's agenda. An array of policy incentives in the fiscal, tax, and financial fields and in relation to the business climate and public services has been introduced to support SME development. These policies have paid off.
Premier Li Keqiang called for giving stronger support to private businesses and SMEs to ease their financing woes and promote the integrated development of businesses of all sizes.
The private sector in China, which is mainly composed of SMEs accounting for 90 percent of all businesses, now contributes more than 50 percent of tax revenues, over 60 percent of GDP, more than 70 percent of technological innovations and over 80 percent of urban employment. The private businesses have become a key driving force for economic growth and social progress.
"Intensified support for the growth of the private sector, especially SMEs, helps enhance the internal dynamism for economic growth," Li said. "To boost the private sector of the economy and micro and small businesses, it is crucial to create a level-playing field, especially in property protection and market access, for these businesses to compete in a law-based, neutral environment."
Efforts will be made to foster a fair and convenient business environment. The views of businesses must be heeded in deciding business-related policies and reasonable transition periods should be arranged. Businesses of all sizes and all types of ownership will be treated as equals in the tendering, land use and other respects under the principle of competitive neutrality.
Unless otherwise stipulated, all restrictions on the minimum registered capital and the equity structure of private firms will be removed when the firms in question invest in resources development, transportation and public utilities.
Stronger innovation capacity will be supported. Catalogues of recommended products and services will be issued to help high-tech SMEs gain better access to the market. Private firms will also be supported in participating in the R&D of core technologies and the formulation of national standards.
Deeper tax and fee cuts will be introduced. Financing services will be improved. The required reserve ratio cuts targeting inclusive finance will be refined. The re-lending policy targeting small firms will be expanded to qualified small and medium-sized banks and the new-type internet banking. Guideline will be issued to exempt liability for credit extended to small and micro-sized businesses under condition of due diligence.
The permitting processes for the listing of private firms and re-finance will be accelerated. Asset management products and insurance funds will be employed in addressing the risks of equity-backed mortgage of listed private firms.
The lawful rights and interests, including their safety and property, of private entrepreneurs will be protected in accordance with the law, the Monday meeting urged. No government department, public institution or state-owned enterprise should defer contractual payments owed to private businesses.
Li stressed the importance of keeping policies well-coordinated, consistent and creditworthy to provide businesses an enabling environment and anchor market expectations.
网络从业者:你需要知道什么是搜索引擎优化
增强意志力,从改掉坏习惯开始
品味“午休文化”,给你的生活一点喘息的机会
生活小秘密:偶尔的脏话竟能减轻内心痛苦
这三件事很残酷,对你却有很大的帮助
莫里:我的老教授Morrie:My Old Professor
狗尾非要续貂,论影视行业的“续集病”
放慢节奏,给自己倾听心跳声的时间
中国学生为何如此偏爱美国名校
最新资讯:世界名校斯坦福、哈佛录取率持续下降
经典英语美文:人与机遇The Man and the Opportunity
何令孩子拥有勇往直前的信心
记忆碎片:论梦境的联系与解析
瑜伽鼻孔交替呼吸法:改善你的睡眠质量
没什么大不了,高考只不过是一个新起点
英语美文:生命中最好的养料The Best Nourishment of Life
孩子的坏脾气如何应对?8大招式在这里
4个让你更上镜的小贴士,你get了吗?
毒跑道事件,教育部:绝不手软
3个适合夏天喝啤酒的最佳场所
十个方法,让你快速挖掘你的个人特质
《海底总动员2》会是迪士尼时尚最卖座的电影吗?
英国教育体系扫盲贴:令人凌乱的英国教育体系
经典双语美文:你见过那棵树吗?
中国传统文化精粹:如何看手相
现代生活丛林的生存法则:33条与他人相处的建议
印度加入核供应集团的美梦,因中国而落空
品葡萄酒的12个常见问题,你知道多少
阅读理解及答案:专家降低喝咖啡引起的患癌风险级别
什么是“智能手机眼盲症”?你一定经历过
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |