In order to further stimulate the vitality of private investment and promote its development, the General Office of the State Council recently issued the "Several Measures for Further Promoting the Development of Private Investment" (hereinafter referred to as the "Several Measures"), proposing 13 targeted policy measures. Qi Yuqing, Deputy Director and Researcher of the Institute of Economic System and Management of the National Development and Reform Commission, stated in an interview with Shanghai Securities News that the 13 innovative, targeted, and operable measures proposed in the "Several Measures" further promote the high-quality development of private investment from multiple dimensions such as expanding market access, promoting fair competition, promoting the integration of data and reality, and optimizing investment and financing support. Its promulgation and implementation are timely. In terms of expanding access, the "Several Measures" propose to encourage and support the participation of private capital and clarify requirements such as shareholding ratios for key areas such as railways and nuclear power that require national approval and have certain returns; Encourage private capital to participate in the construction and operation of new infrastructure projects in small and profitable cities in various regions; Guide private capital to participate in the construction of low altitude economy, commercial aerospace and other fields in an orderly manner, actively support capable private enterprises to take the lead in undertaking major national technological research and development tasks; Clean up unreasonable access restrictions for service industry operators; Standardize the implementation of new mechanisms for government and social capital cooperation, and revise the list of franchise projects that support private enterprise participation in classification; Resolutely cancel the unreasonable requirement for private enterprises to be separately established in the field of bidding and tendering; Further increase government procurement support for small and medium-sized enterprises. Major projects play a leading and driving role, and are the key to stimulating the vitality of private investment. ”Xu Yude, Vice President and Researcher of the China Academy of Fiscal Sciences, stated in an interview with Shanghai Securities News that the "Several Measures" encourage and support private capital participation and clarify the requirements for major project shareholding, which will fully leverage the investment enthusiasm and comparative advantages of private enterprises. In terms of breaking through bottlenecks, the "Several Measures" clearly stipulate: safeguarding the legitimate rights and interests of private enterprises in power grid connection operation, use of oil and gas pipeline facilities, and allocation of transportation resources; Encourage and support private enterprises to accelerate the construction of a number of major pilot platforms with strong industry driving force, and support state-owned enterprises, universities, and research institutes to provide market-oriented pilot services to private enterprises; Support private leading enterprises, chain owners, and third-party service providers to build comprehensive digital empowerment platforms, deeply implement the special action of digital empowerment for small and medium-sized enterprises, and support more private small and medium-sized enterprises to accelerate digital upgrading and transformation. In terms of strengthening guarantees, the "Several Measures" propose to increase support for eligible private investment projects, such as central budget investment and new policy based financial instruments; Banking and financial institutions should establish annual service targets for private enterprises to meet their reasonable credit needs; Continuously implement the "green channel" policy for breakthrough key core technology technology-based enterprises to go public for financing, mergers and acquisitions, and actively support more qualified private investment projects to issue real estate investment trusts (REITs) in the infrastructure sector. The Measures require all regions and relevant departments to strengthen services, guidance, and standardized management of private investment, guide private enterprises to operate with integrity and compliance with the law, make scientific investment decisions, actively fulfill social responsibilities, effectively prevent various risks, and promote high-quality development of private investment. The National Development and Reform Commission should work with relevant parties to strengthen policy guidance, overall coordination, and supervision of implementation. The introduction of the 'Several Measures' will greatly promote the participation of the private economy in the construction of China's infrastructure and public facilities, as well as in the development of new industries and productive service industries. ”Liang Yan, Vice President of the China Enterprise Confederation, stated in an interview with Shanghai Securities News that the "13 Measures for Private Investment" demonstrate the country's attitude and determination to continuously deepen reform, expand opening up, and firmly support the development of the private economy in the investment field. (New Society)