As a representative of private entrepreneurs, Wei Zhen, a representative of the National People's Congress and chairman of the Institute of Technology, made suggestions at this year's National Two Sessions focusing on the development of the private economy.

>>Professor Wei Zhen, deputy to the National People’s Congress and chairman of the Institute of Technology

NEWS: Securities Times

Private enterprises are an important cornerstone of my country's economic development and play an irreplaceable role in economic growth, innovation, employment and other aspects. In July 2023, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" was released, proposing 31 important measures including continuing to break down barriers to market access, fully implementing fair competition policies and systems, and improving the regular prevention and cleanup mechanism for delinquent accounts. measures to boost confidence in private economic development.

Wei Zhen said that some administrative institutions and state-owned enterprises still tend to choose state-owned enterprises when selecting cooperative units and suppliers, especially when it comes to large projects; in some more traditional or closed industries, although qualification certification is open to the public, actual project operations However, there are market access barriers; some government departments and state-owned enterprises still fail to pay accounts receivable in a timely manner during cooperation with private enterprises.

Wei Zhen suggested that a sound performance assessment mechanism and supervision mechanism for private economic policies be established and improved, and that policy fulfillment be included in the annual assessment indicator system of local governments and relevant departments, and that a list of problems and a rectification mechanism be established for problems where policies cannot be fulfilled. At the same time, the implementation of policy commitments will be monitored throughout the process and information will be disclosed to the public.

In terms of enterprise-related policy formulation, Wei Zhen suggested that when the government formulates policies involving private economic development, it should publish relevant policy content, scope of application, application process and expected effects in detail through official websites, media and other channels, and clarify the time for policy implementation. table and road map to maintain policy continuity and relative stability. "We can introduce social evaluation mechanisms through media, the Internet and other channels to evaluate and publicize the implementation of government commitments, and improve the credibility, credibility and execution of the implementation of government commitments," Wei Zhen said.

——Image and text from: Securities Times

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