国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China / Government

Inspection to roll out to boost private investments

By HU YONGQI (chinadaily.com.cn) Updated: 2016-05-04 21:51

The central government, faced with slowing growth of private investments, will inspect a nationwide implementation of policies that encourage private capital to enter new fields in hopes of boosting China's economic vitality and international competiveness.

An executive meeting of the State Council presided over by Premier Li Keqiang on Wednesday made the decision in addition to looking over the integration of internet and the manufacturing sector, the housing rental market, and general aviation projects.

Private investments play a crucial role in boosting economic growth and restructuring as well as creating more jobs, said a statement of the meeting. However, the statement also said the growth rate of private investments slowed down recently and the government should take sturdy measures to further relax market access and create fair competition to ensure a steady growth of private capital.

Private investments accounted for about 65 percent of the country's fixed asset investments last year, from that 30.6 percent in 2004, according to a report by the research institute of China Minsheng Bank in January. The growth rates of private investments had declined nationwide, especially in western China.

Zhao Nong, a researcher at the Institute of Economics at the Chinese Academy of Social Sciences, applauded to the policy which he thinks will break up monopolies in some industries and increase vitality of domestic economy.

"Private capital can meet the demand in some areas where government-pooled investments cannot reach. Governmental revenues are no longer increased as much as it used to be over the past two years," said Zhao.

"China's manufacturing sector is facing double challenges from high-end manufacturers in countries such as Germany and also low-cost competitors from India and Southeast Asia.".

"When monopoly is broken in some industries such as telecommunications and energy sector, private investors will be willing to promote technological upgrading and pursue higher profits."

"By doing this, costs can be reduced to ease the burden for downstream companies and enhance the competitiveness for Chinese manufacturers in the global market."

"Meanwhile, the move is also expected to create more job opportunities since private companies have provided a great number of jobs created for urban residents and migrant workers," he said.

In 2014, the State Council announced 39 new regulations to encourage private capital into fields such as transportation, energy, and environmental protection. Wednesday's move was a follow-up on Premier Li's announcement in March, 2015, that promised to remove barriers of market access for private capital.

Highlights
Hot Topics
...
花莲市| 屏东县| 大余县| 通江县| 蓬安县| 胶南市| 宿州市| 九龙城区| 金昌市| 夹江县| 武汉市| 镇江市| 石景山区| 疏勒县| 团风县| 应用必备| 岑溪市| 辽宁省| 海原县| 诸城市| 临西县| 铜鼓县| 景泰县| 仙居县| 宝兴县| 民和| 梅河口市| 甘肃省| 盐城市| 赤水市| 正镶白旗| 邛崃市| 苗栗县| 兰西县| 黄冈市| 弥勒县| 军事| 文成县| 灵宝市| 名山县| 石河子市|