The State Council Information Office held a press conference at 10 a.m. this morning, inviting Wang Zhenjiang, Vice Minister of the Ministry of Justice, and the heads of the Legislative Affairs Committee of the Standing Committee of the National People's Congress, the National Development and Reform Commission, the State Administration for Financial Regulation, and the All-China Federation of Industry and Commerce to introduce the relevant situation of the "Private Economy Promotion Law of the People's Republic of China" and answer questions from reporters.

Deputy Minister of Justice Wang Zhenjiang:

The Private Economy Promotion Law sets many "firsts"

Wang Zhenjiang, Vice Minister of Justice, said at a press conference of the State Information Office that the Private Economy Promotion Law has made many "firsts". For example, the first time will be written into the law to implement the "two unshakable" principles and regulations in the law to promote the sustained, healthy and high-quality development of the private economy are major policies that the country has long adhered to. Wang Zhenjiang said that this fully demonstrates the Party Central Committee's firm determination to promote the development and growth of the private economy, and further demonstrates to the society that the development of the private economy is a policy that the Party and the country have consistently adhered to for a long time. It will further stimulate the endogenous driving force and creative vitality of the private economy, boost the development confidence of the majority of private economy operators, inspire their entrepreneurial enthusiasm and fighting spirit, cultivate their feelings for the country, and firmly be a builder of the cause of socialism with Chinese characteristics and a promoter of Chinese modernization.

Fair competition, standardized business service protection, rights protection, etc. are prominent problems that all parties believe are faced with the development of the private economy.

Wang Zhenjiang said that promoting the development of the private economy involves a wide range of issues. What problems need to be solved in the current legislation, what measures need to be written into the law, and what needs to be stipulated in the next supporting regulations. It is necessary to widely listen to opinions from all parties and gather wisdom from all parties. Wang Zhenjiang introduced that during the drafting and formulation of the Private Economy Promotion Law, the working team has always insisted on open-door legislation and brainstorming. After repeated discussions, we finally focused on fair competition, investment and financing, promoting scientific and technological innovation, standardizing business service guarantee, and rights protection. This is also a prominent problem that all parties generally believe in the development of the private economy.

The basic law is not as detailed as possible, the better the private economy promotion law leaves room for future practical development

Wang Zhenjiang said that many provisions in the Private Economy Promotion Law are highly targeted. For example, there are not many articles on governing "back-to-back" terms and regulations on administrative law enforcement, but they are of great value. Of course, as a basic law, the more detailed the provisions, the better. Objective practice develops and changes rapidly, and detailed provisions can sometimes restrict the development of practice. Wang Zhenjiang said that in the process of legislating the law on the promotion of the private economy, we have always insisted on taking into account the present and the long-term, leaving room for future practical development. For example, the law stipulates that relevant departments of the State Council coordinate the research and formulation of policies and measures to promote private economic investment, and people's governments at all levels and their relevant departments establish government-enterprise communication mechanisms, etc., not only clarify the establishment of systems, but also reserves space for the next step of introducing supporting measures and refinement of implementation measures based on actual conditions.

The Ministry of Justice will continue to regulate administrative law enforcement behavior and establish contact points for administrative law enforcement supervision enterprises

Wang Zhenjiang said that in response to the various law enforcement chaos such as illegal charging, fines, inspections, and sealing of some places and departments that have strongly reflected, as well as illegal law enforcement, and profit-seeking law enforcement, the Private Economy Promotion Law clearly stipulates it. Wang Zhenjiang said that in the next step, the Ministry of Justice will implement the relevant requirements of the Private Economy Promotion Law and continue to standardize administrative law enforcement behavior. Accelerate the construction of legal supporting systems and mechanisms, promote the establishment and improvement of a mechanism for handling complaints and reports on administrative law enforcement violations, promptly accept and handle administrative law enforcement complaints and reports involving enterprises in accordance with the law, judicial administrative agencies establish contact points for administrative law enforcement supervision enterprises, promptly listen to the opinions and suggestions of various business entities on administrative law enforcement related to enterprises, and implement the administrative law enforcement supervisor system.

The Ministry of Justice will urge all regions and departments to increase their efforts to investigate and punish administrative law enforcement violations

Wang Zhenjiang said that as the State Council’s administrative law enforcement supervision agency, the Ministry of Justice is responsible for coordinating and organizing a national special action to standardize administrative law enforcement related to enterprises. As administrative law enforcement supervision agencies of governments at the same level, local judicial administrative agencies at all levels are responsible for the organization and implementation of special operations in their regions. The Ministry of Justice will take the introduction and implementation of the Private Economy Promotion Law as an opportunity to urge all regions and departments to increase the intensity of investigation and punishment of administrative law enforcement violations and strengthen the investigation, rectification and rectification of problems.

Wang Ruihe, deputy director of the Legislative Affairs Committee of the Standing Committee of the National People's Congress:

Legislation shows that the basic policies and policies for the development of the private economy will not change, nor can they change.

Wang Ruihe, deputy director of the Legislative Affairs Committee of the Standing Committee of the National People's Congress, said at a press conference of the State Information Office that the formulation of the Private Economy Promotion Law fully demonstrates that the Party and the state's basic policies and policies for the development of the private economy will not change, nor will it change, and will surely promote the legal system to support the high-quality development of the private economy to be more sound and complete, and the guarantee system is more powerful and effective.

Zheng Bei, deputy director of the National Development and Reform Commission:

Strengthening development certainty with the stability of the rule of law is a reassurance for private enterprises to seek development with peace of mind

Zheng Bei, deputy director of the National Development and Reform Commission, said at a press conference of the State Information Office that promoting the law to enhance development certainty by promoting the stability of the rule of law is a reassurance for private enterprises to seek development with peace of mind. At the same time, the Private Economy Promotion Law actively responds to the concerns of private enterprises and actively makes institutional arrangements. For example, in terms of fair participation in market competition, the law stipulates that the state implements a national unified negative list system for market access; in terms of equal use of production factors, the law stipulates that the state ensures that private economic organizations use funds, technology, human resources, data, land and other factors and public service resources equally in accordance with the law, and treat them equally.

The long-term mechanism for private enterprises to participate in the construction of major national projects is being improved this year. High-quality projects will be launched in total investment scale of about 3 trillion yuan.

Zheng Bei said that the full text of the Private Enterprise Promotion Law is integrated into the principles of equal treatment, fair competition, equal protection and common development. The National Development and Reform Commission will focus on promoting implementation from the aspects of breaking barriers, expanding space, and optimizing services. Among them, in terms of expanding space, we support private enterprises to actively participate in the construction of the "two-fold" and the "two-new" work, and are accelerating the improvement of a long-term mechanism for private enterprises to participate in the construction of major national projects. The National Development and Reform Commission has launched a number of major projects in the fields of nuclear power, railways, etc. Currently, the private capital shareholding ratio of some nuclear power projects reaches 20%; in the fields of industrial equipment renewal, recycling and utilization, some private enterprises account for more than 80%. Zheng Bei revealed that this year, high-quality projects with a total investment scale of about 3 trillion yuan will be launched in key areas such as transportation, energy, water conservancy, new infrastructure, and urban infrastructure.

From January to April this year, the winning rate of private enterprises increased by 5 percentage points year-on-year

Zheng Bei said that the full text of the Private Enterprise Promotion Law is integrated into the principles of equal treatment, fair competition, equal protection and common development. The National Development and Reform Commission will focus on promoting implementation from the aspects of breaking barriers, expanding space, and optimizing services. Among them, in terms of breaking barriers, the National Development and Reform Commission recently jointly released a new version of the negative list of market access with relevant departments; at the same time, it carried out a cleanup and rectification campaign to actively promote private enterprises to participate in bidding fairly. Zheng Bei said that from January to April this year, the winning rate of private enterprises increased by 5 percentage points compared with the same period last year. For projects under 100 million yuan, the number of projects won by private enterprises accounts for more than 80%. In the next step, if private enterprises encounter access barriers, they can log in to the relevant column of the National Development and Reform Commission’s portal website “Construction of a National Unified Market” to report that the National Development and Reform Commission will work with relevant parties to conduct serious and timely verification and handling.

There are also a number of supporting systems for the Promotion Law of the Private Economy that are being implemented at a faster pace.

Zheng Bei said that in the process of legislating the Private Economy Promotion Law, the National Development and Reform Commission, together with relevant departments, made plans in advance and simultaneously carried out the establishment, revision, abolishment and interpretation of relevant systems, and a number of supporting systems have been issued. She said that there are still a number of supporting systems that are being implemented at a faster pace; at the same time, in promoting scientific and technological innovation, service guarantee, rights protection, etc., many places are actively improving relevant supporting facilities based on local actual conditions.

Jun Lin, Deputy Director of the State Administration for Financial Regulation:

74 private equity investment funds have been established to support investment in technology innovation enterprises

Cong Lin, deputy director of the State Administration for Financial Regulation, said at a press conference of the State Information Office that private enterprises in key areas and key links of financial services focus on "one industry, one policy", based on the characteristics of the industry and provide targeted financial services. Junlin mentioned that in the high-tech and emerging industries where private enterprises have performed well in recent years, the State Administration for Financial Regulation has focused on improving the technology and financial service model. The first is to promote the integration of investment and financing, carry out equity investment pilot projects for financial asset investment companies, and support investment in technology innovation enterprises. At present, 74 private equity investment funds have been established, and technology enterprise mergers and acquisitions loans have been implemented in 18 pilot cities to support technology enterprises to smooth the capital circulation.

Fang Guanghua, Vice Chairman of the All-China Federation of Industry and Commerce:

We will cooperate with functional departments to introduce supporting policies to continuously empower private enterprises' production activities

Fang Guanghua, vice chairman of the All-China Federation of Industry and Commerce, said at a press conference of the State Information Office that the All-China Federation of Industry and Commerce will cooperate with functional departments to introduce supporting policies and promote the implementation of legal provisions. At the same time, we will promote the construction of a friendly and clean government-business relationship, improve service levels, and continuously empower private enterprises' production activities. Fang Guanghua said that the All-China Federation of Industry and Commerce should also actively participate in political consultation and democratic supervision, especially to optimize the evaluation of the business environment of private enterprises, timely collect and reflect new situations and new problems encountered by private enterprises during the implementation of the law, and promote law enforcement departments to optimize relevant policies and measures.

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[Editor in charge: Qin Peijie PF207]