(Economic Observer) Why does Xi Jinping emphasize "do everything possible" to protect market players?
China News Service, Beijing, July 22 (Reporter Li Xiaoyu) Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, hosted a symposium on entrepreneurs on the 21st and delivered an important speech.
At this symposium attended by heads of Chinese state-owned enterprises, private entrepreneurs, foreign-funded enterprises, managers of Hong Kong, Macao and Taiwan-funded enterprises, and individual industrial and commercial households, Xi Jinping pointed out that market entities are the carriers of economic power, and protecting market entities means protecting society. productive forces. We must do everything possible to protect market players, stimulate their vitality, promote entrepreneurship, promote enterprises to play a greater role and achieve greater development, and accumulate basic forces for economic development.
Analysts here believe that starting with market players to stabilize the economy is the key to economic development.
Liu Shangxi, president of the Chinese Academy of Fiscal Sciences, said that only with a good economic ecology, internal economic cycles, international and domestic dual cycles can be achieved, and the industrial chain and supply chain can be truly unblocked. And so that market entities of different types and sizes can survive and develop better is what a good economic ecology should mean.
According to Zhang Yansheng, chief researcher of the China International Economic Exchange Center, various market players in China are now at an important historical turning point. How to adapt to the complex international and domestic situations under the impact of the epidemic and de-globalization is a common problem faced by all companies. . Protecting market players is actually improving the various environments for market players to develop, including business environment and innovation environment. "In the current situation, this is a big article."
As for how to enable the majority of market entities not only to survive normally, but also to achieve greater development, Xi Jinping requires that the pertinence and timeliness of macroeconomic policies should be enhanced, tax and fee reductions, rent and interest reductions should continue, to ensure that various relief measures reach the grassroots and directly Benefit the market players.
Xi Jinping also proposed that it is necessary to equally protect the property rights and independent management rights of state-owned, private, and foreign-owned enterprises in accordance with the law, improve the legal environment for fair competition among various market players, fully implement the market access negative list system, and implement the foreign investment law. Relax market access and promote trade and investment facilitation.
In the long run, whether a country’s business environment is stable, transparent, and predictable is one of the most important factors affecting investors’ investment decisions. In recent years, China's business environment has made significant progress, rising from 46th to 31st in the World Bank's global rankings.
Treating companies registered in China equally and improving a level playing field will help further improve the business environment and increase China’s attractiveness to global investors.
In addition, Xi Jinping also mentioned that we must attach great importance to supporting the development of individual industrial and commercial households. Actively help individual industrial and commercial households solve problems in rent, taxes, social security, and financing, and provide more direct and effective policy assistance.
There are more than 82 million individual industrial and commercial households in China, driving more than 200 million employed people. "Sending charcoal in the snow" to individual industrial and commercial households can not only solve their urgent needs for survival, but also reduce the pressure on employment.
While bailing out market players, Xi Jinping also put forward new expectations for entrepreneurs. He said that entrepreneurs should base themselves on China, look at the world, improve their ability to grasp international market trends and demand characteristics, improve their ability to grasp international rules, improve their ability to develop international markets, improve their ability to prevent international market risks, and drive enterprises to a higher level of foreign exchange. Achieve better development in opening up, and promote the domestic and international double cycle.
Xi Jinping also specifically mentioned that he hopes entrepreneurs have the courage to innovate. "Edison and Ford in the United States, Siemens in Germany, Konosuke Matsushita in Japan and other famous entrepreneurs are both management masters and innovation masters."
In Zhang Yansheng's view, China needs not only its own national strength, but also the "world brain" in the process of advancing technological innovation, improving rules and legal systems, and entering the global high-end industrial chain supply chain.
Analysts believe that China will increase investment in key core technologies with a stronger sense of urgency, seize rare historical opportunities, and achieve greater development. (Finish)