Private economy: how to break through the predicament

Deputy Liu Gexin: Establish and improve the financing service system for small and micro enterprises, and further relax the market access for private investment. Deputy Liu Yonghao: Private enterprises should also speed up the transformation mode, adjust the structure, and carry out technological innovation and industrial upgrading. Financing is difficult and the threshold is high. Institutional barriers should be broken. The difficulties and pressures of private enterprises, especially small and micro enterprises, are mainly manifested in three aspects: first, financing difficulties; Second, the industry has a high entry threshold; Third, it is more difficult to obtain some resources than other enterprises. Deputy Liu Yonghao, Chairman of New Hope (000876) Group, said. Financing difficulty is the most prominent bottleneck faced by small and micro enterprises. The latest confidence index of China SMEs released by relevant financial institutions shows that in the fourth quarter of 20 12, the financing cost of SMEs increased, and the willingness of banks to lend to SMEs decreased. Faced with labor-intensive small and micro enterprises, some banks are reluctant to provide loans. One of the important reasons is that mortgage guarantee is difficult and loan risk is high. Deputy Chen Yilong, vice chairman of Hubei Federation of Industry and Commerce, said that industry access is also an obstacle. At present, the monopoly of some industries is relatively high, which makes it difficult for some private enterprises to enter. To solve the problem, it is necessary to break the institutional obstacles and policy restrictions, give the private economy more equal opportunities for entrepreneurship and development, and mobilize the enthusiasm of private investment. Industries involving national security should be seized by the state, and the rest should be liberalized and handed over to the market. Chen Yilong said. Chen Yilong suggested that all kinds of institutional obstacles that restrict the development of private economy should be removed, and enterprises, markets and intermediary organizations should be given full play, and those things that the government can't and shouldn't manage should be handed over to enterprises, markets and intermediary organizations. Faced with the financing difficulties of small and micro enterprises, Liu Gexin, chairman of Sichuan Kelun Industrial Group Co., Ltd., suggested further speeding up the reform of the financial system, guiding state-owned commercial banks to give loans to small and medium-sized enterprises, promoting the construction of private financial institutions, and further establishing and improving the financing service system for small and micro enterprises. At the same time, establish corresponding compensation mechanism for venture capital, and guide financial and guarantee institutions to increase financial support for the private economy. From capital-driven to innovation-driven, improve your own ability to break the door. The private economy has a low starting level and a small scale, and there are generally problems of low-level repeated investment and insufficient original accumulation in its initial development. And private enterprises have a single source of funds and poor financing channels. Chen Yilong said that the problems existing in the private economy itself have also hindered its development. Delegates believe that in addition to the policy threshold, what makes the private economy flinch in front of monopoly industries is more the high requirements of these industries for capital, technology and enterprise management ability. Some projects invest tens of billions of yuan. In contrast, the strength of private investors is limited. Most private enterprises are short of liquidity. If some accumulated funds are invested in R&D, the profits of enterprises will be few, but without technological innovation, there will be no competitiveness. Chen Yilong said. 20 10 the State Council issued 36 new articles, clearly proposing to encourage and guide private capital to enter basic industries and infrastructure fields. Private enterprises should not only see glass doors and spring doors, but also see that policies will become more and more open in some fields. It is normal for industries liberalized by these policies, such as energy infrastructure, to have high thresholds. Chen Yilong said that enterprises should adapt to this policy change through their own structural adjustment. Chen Yilong believes that private enterprises should accelerate innovation, realize the transformation from traditional industries to modern industrial systems, change the mode of over-reliance on capital, turn to innovation-driven, and turn from simply emphasizing scale expansion to becoming stronger and better enterprises, so as to improve the ability to break doors. Liu Yonghao suggested that in the face of the new situation of economic development and market changes, private enterprises should also speed up the transformation mode, adjust the structure, and carry out technological innovation and industrial upgrading. Reform the administrative examination and approval system and improve the public service platform for small and medium-sized enterprises. At present, the market environment for the development of private economy is not satisfactory, and one concrete manifestation is that there are too many administrative approvals. Liu Gexin said that if you want to go to a project now, all departments must go around and affix various approval seals. Sometimes it may not be completed after half a year, and market opportunities may be missed. There are many policies to promote the development of private economy, but in fact more detailed rules are needed. For example, to further create a development environment in which all kinds of market players use production factors equally, the use of capital, land, technology and management factors is still dominated by the state-owned economy. Chen Yilong said. Liu Gexin said that at present, some departments have strong management awareness of private enterprises, but lack service awareness. Therefore, private enterprises should not only do their duty well, but also undertake many services that should be provided by the government. It is necessary to further reform the administrative examination and approval system, provide a convenient handling mechanism and broaden the development space of the private economy. Chen Yilong suggested changing government functions, reforming the administrative examination and approval system, improving work efficiency and creating an efficient service environment. Liu Gexin believes that the opinions of industry associations, chambers of commerce, private enterprises and small and medium-sized enterprises should be listened to when formulating relevant industry access standards, so as to improve the scientific nature of policies. Strengthen the construction of service system for small and medium-sized enterprises. Liu Gexin suggested improving the public service platform for small and medium-sized enterprises, focusing on cultivating the national public service demonstration platform for small and medium-sized enterprises, speeding up the networking construction of service platforms, and creating an efficient service environment for enterprises. Liu Gexin suggested that encouraging private capital to initiate or participate in the establishment of village banks, loan companies, rural mutual funds cooperatives and other financial institutions is one of the breakthroughs to solve the financing difficulties of SMEs.