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State Council on the introduction of textile inves

Source: Global Textile Network Securities Daily 2010-05-19

  Global Textile Network May 19 hearing on May 13, "State Council to encourage and guide private investment and healthy development of a number of opinions" (hereinafter referred to as "Opinion"). Advice to encourage and guide private investment into basic industries and infrastructure, municipal utilities and policy housing construction, social undertakings, financial services and other fields. Many textile enterprises news immediately caused a strong reaction.



    According to the survey that, at present, the majority of Chinese textile enterprises are still unable to shake off the negative impact of the textile industry, and most profitable non-spinning enterprises by the majority of the textile industry to support. Interviews from some of today's textile enterprises to look up, spinning enterprises of the "New 36" have a lot of interest, but given the details of the policy yet issued, a company just wait for the state.



    Younger secretaries to directorate Liu Xinyu about: "About the Company will not change the company's existing strategy and other issues, the specific need to wait until" the new 36 "rules unveiled by the company's leadership level discussions before any conclusions."



    Textile enterprises eagerly look forward to setting up financial institutions still need to put details of the opportunities



    In the introduction of the "new 36", the Shanshangufen more concerned about the financial services, participate in international competition, and real estate policies. Shanshangufen secretaries to directorate Qian Cheng to this reporter said: "Companies earlier had equity investment Bank of Ningbo, which is only under certain opportunities for successful investment, and therefore the company to invest, but also have the chance to see."In the "new 36" made in a financial institution set up to allow private capital. To support private capital by way of shares in commercial banks to increase their investment, participation in rural credit cooperatives, urban credit cooperatives in the restructuring work. Encourage private capital to initiate or participate in the establishment of village banks, finance companies, unions and other financial institutions in rural finance, rural banks or community banks to relax the legal limit for minimum investment proportion. Pre-tax provision for the full implementation of the SME loan loss reserve policies, simplify small and medium financial institutions write off bad debts review process. Appropriate to relax the small loan companies stake a single investor limits on small loans companies and rural banks to implement the agriculture-related businesses the same financial subsidies. Initiated the establishment of private capital to support credit guarantee companies, the Credit Guarantee Corporation of risk compensation mechanisms and risk-sharing mechanisms. Initiated to encourage private capital to establish a financial intermediary services, participation in securities, insurance and other financial institutions, restructuring and reorganization.



    Shanshangufen secretaries to directorate Qian Cheng said the company wants to further Holdings Bank of Ningbo is very difficult, because the company does not have the required manpower organization to operate the team. In addition, Qian Cheng also told reporters that although the domestic incentives for participation in international competition, but the international demand of Chinese enterprises also started to increase. "Our industry in Australia, new laws on the subject to the constraints in Australia."



    "The new 36" can also look at specific details of how to put the implementation of



    In 2005, the State Council has promulgated the "State Council on Encouraging, Supporting and Guiding the individual and private and other non-public economic development of a number of opinions", later called "non-public economy 36." The introduction of the "new 36" and 2005's "36 non-public economy," there is not much compared to the changes. Some experts think that horrible things like "36 non-public economy", like the release, the relevant functional departments to remain silent, no objection to not implement.



    China and China (private) business proposed Bao Yujun, president of Economic Research: "If you have to find the point of difference to the new 36 'is indeed a clear market into a number of specific industries and sectors, as market highly anticipated or Before the promulgation of the Ordinance was called up to private capital into the specific methods, not really. "But the chairman of the Association of Wenzhou private investment that can make specific Zhou Dewen into industry is in a downturn in the private capital is already the The news is very good.



    Zhou Dewen hope that the relevant functional departments and local governments to quickly introduce relevant implementation details, because the current regulations and principled, if not with the local government and functional departments, the real little effect.



    Zhou Dewen hope that the forthcoming rules to solve their most concerned about two issues: first, to turn to the specific listed conditions, there is an explicit standard. Second, how to protect the continuity of policies to ensure that things do not chop and change between the local government staged. Zhou Dewen has repeatedly called for, hope that the policy of opening up of the field of study can according to market the Yuanzeyunxing, regardless of the nature of capital, as long as they go in the capital would allow for the appropriate returns, there can not be Zai Yi administration instead of a matter of law.
time:2010/5/20
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