--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar


Hot Links
China Development Gateway
Chinese Embassies


Private Industry Gets State Support

In a landmark statement yesterday, the country's cabinet encouraged deeper reforms and further development of the private sector. The statement was made public yesterday following a forum of the State Council.

Private investors can put their money into any sector not forbidden by law, the State Council announced.

In a written statement, Premier Wen Jiabao said the private sector is a very important component of China's socialist market economy, and all levels of government should draft policies to "encourage, support and guide" it.

Vice Premier Zeng Peiyan said that entrepreneurs can invest in infrastructure, public undertakings and other sectors on equal footing with other types of enterprises.

Zeng said prospects for the non-public sector are promising, as the country is not only offering support but also institutional changes. With the improved political status of entrepreneurs and a constitutional amendment to provide stronger protection of private ownership, the country is transforming its preferential policies toward the private sector into concrete institutional guarantees.

He said the private sector has made rapid progress, but some problems remain.

The All-China Federation of Industry and Commerce reports that every day about 1,500 new privately owned enterprises register with capital of 3 billion yuan (US$361 million).

In 2003, about 570,000 new privately owned enterprises were set up, with a total registered capital of 1 trillion yuan (US$120 billion).

The development of the private sector is a firm policy of the Chinese government, Zeng said, noting that both the state-owned and private sectors form the basis of the national economy.

Experts said the private sector is emerging and gaining clout in China but more effort is needed to help them develop healthily.

"This round of opening-up policies toward the private sector is quite good, but reinforcement is a demanding job," said Lin Yueqin, a researcher with Chinese Academy of Social Sciences. Lin added that entrepreneurs have long been worried about their political rights and the protection of private ownership.

He noted that China has enhanced legislation to protect private property and created greater incentives for people to establish their own businesses. However, private enterprises will encounter three hurdles despite the new encouragement from the government.

Local governments are likely to lose many opportunities for administrative intervention, but will probably continue to pursue blind profiteering. Also, the private sector -- primarily medium-size and small businesses -- will face financial difficulties because banks are unwilling to lend them money.

"Finally, some private companies are still challenged by themselves," said Lin. He said most private companies in China are small and short of research and development capacity.

(China Daily July 27, 2004)

Private Sector: Pillar of Growth
Growth Plans for Zhejiang's Private Sector
Doors Open Wider for Private Sector
Economist: Make It Easier for Private Sector to Develop
Top Ten News in Private Sector
Borrowing Still Difficult for Private Enterprises: Survey
All-China Federation of Industry and Commerce
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 97色伦综合在线欧美视频| 国产一级特黄高清免费大片| 人妻无码久久一区二区三区免费 | 免费观看a黄一级视频| 色综合色综合色综合色综合网| 国产精品一区欧美激情| 久久久久亚洲av无码专区| 欧美人交性视频在线香蕉| 嘟嘟嘟在线视频免费观看高清中文| 538免费视频| 天天拍天天干天天操| 一级毛片无毒不卡直接观看| 欧美三级视频在线播放| 午夜精品久久久久久久久| 青草青青视频在线观看| 大帝AV在线一区二区三区| 中文国产在线观看| 日本人六九视频jⅰzzz| 亚洲精品无码专区在线| 野花视频www高清| 国产欧美色一区二区三区| 一区二区精品久久| 成都4片p高清视频| 久久久久久国产精品视频| 欧美成人综合在线| 亚洲综合久久1区2区3区| 福利网站在线播放| 国产女人18毛片水| 99re99.nat| 天天欲色成人综合网站| 一级黄色免费毛片| 我把护士日出水了| 久久99亚洲网美利坚合众国| 日本高清视频在线www色| 九九综合VA免费看| 极品色天使在线婷婷天堂亚洲 | 亚洲欧美视频二区| 好男人社区www在线观看 | 狠狠色婷婷丁香综合久久韩国| 国产剧情中文字幕| 国产免费女女脚奴视频网|