GuShiio.com ① The meeting pointed out that the capital market is an important platform for promoting the development and growth of the private economy and provides stronger capital market support for private enterprises to become better and stronger.
② The meeting emphasized that we must combine the actual situation of the capital market, implement various policies and measures to promote the development of the private economy, and provide good support for the financing of stocks and bonds of private enterprises.
Cailian News Agency, February 21, according to the website of the China Securities Regulatory Commission, on February 17, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, presided over the Party Committee to convey and study the spirit of General Secretary Xi Jinping’s important speech at the private enterprise symposium, and study the implementation of deployment.
The meeting held that General Secretary Xi Jinping’s important speech at the private enterprise symposium fully affirmed the major achievements made in the development of the private economy and the important contributions made to the country’s economic and social development, and deeply analyzed the broad development prospects and greatness of the private economy in the new era and new journey. The historical mission has made comprehensive arrangements for promoting the healthy development and high-quality development of the private economy at present and in the future, emphasizing the need to unswervingly encourage, support and guide the development of the non-public economy. General Secretary Xi Jinping’s important speech has lofty aspirations, profound thoughts, incisive discussions, and rich connotations. It points out the direction and provides fundamental guidelines for doing a good job in supporting the development of private enterprises in the capital market.
The meeting pointed out that the capital market is an important platform for promoting the development and growth of the private economy. Currently, nearly two-thirds of the listed companies in A-shares are private enterprises. About 80% of the companies in the Science and Technology Innovation Board, GEM, and Beijing Stock Exchange are private enterprises, and about 90% of the new board are private enterprises. Private enterprises account for about 70% of the total market. The China Securities Regulatory Commission system must thoroughly study and understand the spirit of General Secretary Xi Jinping’s important speech, effectively unify thoughts and actions with the Party Central Committee’s decisions and arrangements on promoting the development of the private economy, deeply understand that the private economy is an important foundation for the high-quality development of the capital market, and promote the private economy. Integrate economic development with doing a good job in the capital market, adhere to the “two unwavering principles”, better play the role of the capital market platform, and provide stronger capital market support for private enterprises to become better and stronger.
The meeting emphasized that various policies and measures to promote the development of the private economy must be implemented in a down-to-earth manner based on the actual situation of the capital market. It is necessary to do a good job in supporting the financing of stocks and bonds of private enterprises, focus on serving the development of new quality productivity, and do a good job in implementing policies such as the “Eight Principles of Science and Technology Innovation Board”,”Six Principles of Mergers and Acquisitions”, and the implementation opinions of the “Five Major Articles of Finance” in the capital market. Implement, improve the multi-level market system, accelerate the cultivation of patient capital, and attract more outstanding private enterprises to grow and grow through the capital market. It is necessary to actively help private enterprises solve development problems, cooperate with relevant departments to resolve the problem of arrears in accounts to private listed companies, coordinate financing support for real estate enterprises and bond default risk prevention and control, work with relevant parties to safely handle the delisting risks of private listed companies, and improve the marketization. Reorganize the mechanism and launch more typical cases. It is necessary to continue to promote the in-depth and practical visits to listed companies, respond to concerns in a timely manner, help solve practical difficulties, strive to build a pro-Qing government-business relationship, support all types of ownership economies to use production factors equally in accordance with the law, strictly standardize enterprise-related administrative inspections, and effectively protect the legitimate rights and interests of private enterprises and private entrepreneurs in accordance with the law, and further help optimize the development environment of the private economy.
Members of the Party Committee of China Securities Regulatory Commission, responsible comrades of the Discipline Inspection and Supervision Group stationed at the China Securities Regulatory Commission, and main responsible comrades of relevant departments and bureaus of the securities agency, Shanghai Stock Exchange, Shenzhen Stock Exchange, China Securities Financial Research Institute, and China Listed Companies Association attended the meeting.
