Several Measures to Further Promote the Development and Strengthening of the Private Economy in Zhuhai
2024-09-11 00:00

To thoroughly implement General Secretary Xi Jinping’s important statements on the development of the private sector, as well as the spirit of his important speeches and directives regarding Guangdong and Zhuhai; to fully implement the spirit of the “Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Expansion of the Private Sector” and the “Implementation Opinions of the Guangdong Provincial Committee of the Communist Party of China and the People’s Government of Guangdong Province on Promoting the Development and Expansion of the Private Sector and Further Advancing the High-Quality Development of the Private Sector”; to further optimize the business environment for the private sector; to comprehensively advance the “Efficient One-Stop Service” initiative; to continuously build the “Zhuhai Government Services” brand; to boost confidence in the development of the private sector; and to stimulate the vitality of the private sector,the following measures are hereby formulated in light of actual conditions.

  I. Strengthen risk compensation for inclusive finance. Establish a “four-in-one” financing platform credit risk compensation fund pool and a bridge loan fund pool with a total quota of 500 million yuan to enhance creditworthiness for corporate loans and provide bridge financing. Eligible enterprises will receive subsidies covering a certain percentage of loan interest and guarantee fees. For non-performing projects involving guaranteed loans provided by cooperative financing guarantee (insurance) institutions to small, medium, and micro enterprises, risk compensation will be provided at 50% of the actual principal loss.We will expand and strengthen Zhuhai’s industry-finance integration platforms to provide enterprises with convenient and efficient financing and loan services.

  II. Expand the scale of technology finance to support the innovative development of private enterprises. Fully leverage the 10 billion yuan government-guided fund that has already been established, with 90% of direct investment allocated to private technology enterprises. This funding will primarily support key areas such as technological innovation, strategic emerging industries, and future industries. Within this, 2 billion yuan will be allocated to jointly establish a new industrial incubation fund with financial institutions. Risk losses incurred by banking institutions when providing credit to technology-based small and medium-sized enterprises will be compensated, with eligible individual loan projects receiving risk loss compensation of up to 90%.

  III. Strengthen Intellectual Property Protection and Pledge Financing. Market regulation authorities will take the lead in strengthening the protection of trade secrets for private enterprises, technology enterprises, and other types of businesses, thoroughly investigating and severely cracking down on intellectual property infringement.Strengthen guidance on intellectual property protection for early-stage high-tech enterprises to help them proactively avoid risks such as infringement, being infringed upon, and contractual disputes. Expand the reach and accessibility of intellectual property pledge financing, coordinate financial resources to support patent and trademark pledge financing, and actively promote the securitization of intellectual property. Improve the risk compensation mechanism for intellectual property pledge financing by providing risk compensation for principal losses on non-performing loans secured by intellectual property from partner banks that meet the criteria.

  IV. Creating and Opening Up Innovation Application Scenarios.Establish a collaborative mechanism for the demonstration and application of scientific and technological achievements. Regularly collect, compile, and publish lists of application scenarios. Promote the opening of various application scenarios—including those on islands, at ports and airports, in cloud-based smart cities, in the low-altitude economy, and in commercial space—to private enterprises. Establish a dedicated section for innovative application scenarios within the science and technology innovation program. Projects recommended by departments responsible for opening application scenarios may be implemented through non-government procurement methods, such as project approval, following evaluation by science and technology departments. Support innovative institutions and teams in participating in the design and construction of Zhuhai’s innovative application scenarios.Accelerate the reform of fiscal funds from “grants to investments,” channeling funds directly into the construction of innovation application scenarios through equity investment to provide capital empowerment for innovative enterprises. Shift from “offering policy incentives” to “providing application opportunities,” remove policy bottlenecks, accelerate product innovation and application demonstrations, and use scenario applications to hasten the maturation of related products, thereby helping enterprises develop profitable business models.

  V. Building an Industrial Ecosystem to Accelerate Corporate Innovation. Implement the “Pan Gen Plan” to consolidate and enhance the “4+3” industrial system. Support the healthy development of industry leaders, high-tech enterprises, specialized, refined, distinctive, and innovative enterprises, and small and medium-sized enterprises. Focus on creating an industrial ecosystem characterized by precise alignment of industrial and supply chains, deep integration of capital and technology chains, symbiotic fusion of services and manufacturing, and close coordination between enterprises and the government.We will promote integrated innovation among large, medium, and small enterprises, build an open and integrated innovation ecosystem, and foster new momentum for the development of new-quality productive forces. We will support the development of innovative drugs, accelerate the research, development, and demonstration of high-end medical devices, and support municipal medical institutions, manufacturers, research institutes, and universities in jointly establishing platforms such as “Clinical Medical Research Centers” to expedite the R&D and application promotion of innovative biopharmaceutical products.Encourage the application of innovative products. For new technologies and products that, although lacking sales records, have been verified by qualified institutions as meeting relevant national technical and quality standards, allow them to participate in bidding for relevant government investment (procurement) projects in our city, thereby driving technological R&D and product innovation and iteration among technology enterprises. Implement the government procurement system for collaborative innovation: for innovative products that do not currently exist on the market and require R&D, upon approval by the provincial competent authority, the procuring entity may intervene early in the R&D phase to first purchase R&D services and subsequently purchase the R&D products.

  VI. Support Private Investment in Key Project Development. Introduce policies to further stimulate the vitality of private investment, ensuring that private capital can enter the market, thrive, and make a meaningful contribution.Encourage private enterprises to fully participate in key initiatives such as rural revitalization, the “Hundred-Thousand-Million Project,” the marine economy, “Green and Beautiful Zhuhai,” and the 5.0 Industrial New Space. Encourage private enterprises to participate in new (including renovation and expansion) Public-Private Partnership (PPP) projects, and promote their deep involvement in the construction of projects with operational revenue potential, such as transportation hubs, logistics parks, parking lots, and urban sewage treatment facilities.Regularly publish lists of projects at both the municipal and district levels that are open to private capital. Introduce measures to support the development of large-scale models, encourage social capital to jointly build digital infrastructure such as computing power, provide enterprises with high-quality, efficient, low-cost, and secure computing power services, and build the city with the lowest computing power costs. Franchise rights shall not be granted to operators without fair competition, nor shall there be restrictions on the operation, purchase, or use of goods and services provided by specific operators.

  VII. Support for Technological Upgrades and Equipment Renewal in Private Enterprises. Introduce and implement incentive policies to support enterprise technological upgrades; implement reward and subsidy programs for equipment procurement and renewal, as well as interest subsidy policies for fixed-asset investment loans in industrial enterprises; provide rewards, subsidies, and interest subsidies to eligible projects.Support enterprises in updating and upgrading production equipment, energy-consuming equipment, and power generation, transmission, and distribution equipment in areas such as energy conservation and carbon reduction, ultra-low emissions, workplace safety, digital transformation, and intelligent upgrading. Promote the use of energy-consuming equipment that meets advanced energy efficiency and energy-saving standards.

  VIII. Support private enterprises in expanding their markets. Promote the replacement of old vehicles and home appliances with new ones, as well as the renewal of home improvement products, through government support and corporate price concessions. This will cultivate market growth while meeting diverse consumer demands. Organize partnership activities between state-owned and private enterprises to integrate their respective characteristics and strengths, and vigorously promote win-win cooperation between the two sectors.Support state-owned enterprises in strengthening exchanges and cooperation with high-quality private construction firms to jointly participate in engineering projects. Establish industrial alliances comprising leading enterprises and upstream/downstream companies within the industrial chain, build platforms for supply-demand matching, and intensify the promotion and exchange of supply-demand information to facilitate local and convenient procurement, thereby helping small and medium-sized enterprises establish long-term cooperative relationships and secure stable orders. Encourage private enterprises to seize development opportunities presented by the “Belt and Road” initiative, actively organize and participate in trade fairs, expand overseas business, and enhance international competitiveness.

  IX. Enhancing the Efficiency of Government Services. Comprehensively improve online and offline service capabilities, vigorously promote and apply platforms such as the “Zhuhai Enterprise Service Platform (Government-Enterprise Link)” and the “Zhuhai Finance Enterprise and Public Welfare Service Platform,” digitally empower government services, and achieve “automatic eligibility” and “simplified and rapid access” to enterprise support policies. Optimize the functions of service platforms such as Zhuhai’s “12345” enterprise hotline to establish a closed-loop mechanism for handling enterprise requests.

  X. Effectively Reduce the Comprehensive Operating Costs of Private Enterprises. Streamline and standardize fees in sectors such as urban water, electricity, and gas supply, and eliminate unreasonable charges. Support enterprises within industrial parks in applying directly to power grid companies for electricity services, further reducing corporate electricity costs and improving power supply reliability.Strengthen the management of leases for production facilities and office spaces, and stabilize rental prices for industrial production facilities within industrial parks. Launch the “Million-Person Campaign” for industrial worker skill enhancement and training for SME employees to reduce corporate talent development and training costs. Further relax household registration requirements to facilitate the smooth relocation of private enterprise employees to Zhuhai.

  XI. Adhere to the principle of “no unnecessary interference” to ease the burden on private enterprises. Establish and dynamically update a “whitelist” of high-quality, compliant private enterprises. Reduce the proportion and frequency of random inspections for enterprises on the “whitelist” and market entities with good credit and low risk. Promptly address reasonable requests from relevant enterprises to ensure “no unnecessary interference” and effectively reduce the burden on enterprise development.Fully implement the “One-Time Comprehensive Inspection” system. For the same inspection subject, conduct consolidated inspections or organize joint inspections. Inspection results will be mutually recognized and shared between the municipal and district levels, striving to achieve “multiple matters inspected in a single visit” and “inspections conducted only once a year unless necessary.”

  XII. Implement tolerant and prudent regulation for new business models and industries.For new technologies, industries, business models, and modes of operation—such as the digital economy, marine economy, cross-border e-commerce, and live-streaming sales—we will implement tolerant and prudent regulation. We will optimize regulatory approaches by implementing categorized supervision based on the industry attributes and credit status of private enterprises. We will grant emerging industries a 1- to 2-year “grace period” for growth, during which flexible regulatory methods will be prioritized, administrative guidance and services will be strengthened, sufficient room for the development of emerging industries will be preserved, and an environment conducive to innovation will be fostered.

  XIII. Establish a List of Exemptions from Administrative Penalties for Corporate Compliance. Implement provisions of the Administrative Penalties Law, such as “no penalties for minor violations,” and improve the lists of exemptions from administrative penalties in areas including market regulation, work safety, fire safety, and labor protection supervision. For first-time violations where the consequences are minor and the violation is promptly corrected, administrative penalties shall not be imposed in accordance with the law. In the course of administrative management, prioritize guidance and education,and use flexible measures such as persuasion and education, administrative recommendations, administrative guidance, administrative interviews, and administrative warnings to guide enterprises to voluntarily and proactively fulfill their legal obligations, correct violations, and eliminate harmful consequences.

  XIV. Optimize the credit repair mechanism for market entities. Improve the credit repair mechanism following the rectification of dishonest conduct, strengthen guidance on credit repair procedures, and complete the municipal-level preliminary review of applications for the removal of publicly disclosed administrative penalty information submitted by enterprises that meet the repair criteria within one working day, thereby supporting private enterprises in expediting the restoration of their credit standing.Where information on discredited debtors meets the statutory conditions for concealment, timely concealment measures shall be taken; after such information is concealed, private enterprises may apply to the People’s Court for the issuance of relevant supporting documents as needed for financing, bidding, and other purposes, thereby ensuring, in accordance with the law, that private enterprises are relieved of burdens and can revitalize their operations.

  XV. Optimize the legal environment for the development of the private economy. Strictly distinguish between economic disputes and economic crimes, and resolutely prevent and correct the use of administrative or criminal measures to interfere in economic disputes.For cases involving the infringement of enterprises’ lawful rights and interests, implement a “fast acceptance, fast case filing, fast investigation, and fast notification” mechanism. Apply compulsory measures related to property rights prudently and in accordance with the law, avoiding the seizure, detention, or freezing of property beyond authorized limits, scope, amounts, or timeframes, thereby minimizing the impact of investigations on the normal operations and lawful production and business activities of private enterprises.Strengthen institutional design and policy research, leverage the legislative advantages of the Special Economic Zone, and increase the proportion and number of private enterprises, industry associations, and chambers of commerce among the government’s legislative grassroots liaison points. Establish a supervision and service mechanism for the rule-of-law-based business environment, centrally handle appeals regarding the rule-of-law-based business environment raised by market entities, and jointly safeguard the legitimate rights and interests of market entities.

  XVI. Make every effort to advance the concentrated campaign to clear backlogged cases. Launch a concentrated campaign to clear backlogged cases involving private enterprises, fully leverage the functions of public security, procuratorial, and judicial organs, and accelerate the handling of a batch of cases, the supervision of a batch of cases, and the resolution of a batch of issues. Legally assist private enterprises in resolving practical difficulties and achieve the substantive resolution of conflicts. Strengthen source governance of cases involving private enterprises; law enforcement and judicial organs shall jointly build legal service platforms with the Federation of Industry and Commerce to help enterprises prevent legal risks.

  XVII. Improve the long-term mechanisms for preventing and resolving overdue payments.Deepen efforts to clear overdue payments to small and medium-sized enterprises (SMEs). Procuring entities shall pay SMEs on time and in full; progress payments for construction projects by government agencies, public institutions, and state-owned enterprises shall not be less than 80% of the value of completed work. Handle complaints regarding payments to SMEs in accordance with the law, and implement the mandatory disclosure and credit supervision system for overdue payments to SMEs. Improve the routine coordination mechanism between the clearance of overdue payments and systems such as auditing, supervision, and inspection.

  XVIII. Comprehensively build a close yet clean government-business relationship. Adhere to the principle of “distinguishing three situations,” and establish and improve institutional mechanisms that encourage innovation and tolerate failure.Improve the routine communication and consultation mechanisms between Party and government officials at all levels and representatives of the private sector, and fully solicit the opinions of private enterprises regarding policies affecting businesses. Departments and agencies at all levels must proactively provide frontline services to private enterprises, resolve their difficulties and address their practical needs in accordance with laws and regulations, prevent corruption risks, and ensure that the relationship is both close yet appropriate and clean yet effective. Rigorously address issues of irresponsibility, inaction, and collusion between officials and business interests that undermine the business environment.

  XIX. Fully leverage the role of chambers of commerce and associations as bridges and links. Strengthen liaison and service support for chambers of commerce and associations, and explore the establishment of a grid-based liaison and service mechanism for private enterprises involving township/subdistrict officials, chamber representatives, and corporate liaisons. Encourage chambers of commerce and associations to enhance industry research, actively participate in industrial planning and standard-setting, and build exchange platforms to promote resource sharing and project cooperation.Encourage chambers of commerce and associations to strengthen guidance on the standardized operations of their private enterprise members, provide public services such as training, legal, financial, tax, and consulting support, and enhance industry self-regulation. Encourage chambers of commerce to establish people’s mediation committees in accordance with the law under the guidance of judicial administrative authorities to promptly identify and resolve conflicts and disputes among member enterprises.

  XX. Vigorously promote the spirit of outstanding entrepreneurship. Increase publicity efforts for outstanding private enterprises and entrepreneurs to stimulate their enthusiasm for innovation and entrepreneurship, and foster a favorable environment that respects and supports business.Nominate and commend outstanding private enterprises and entrepreneurs in accordance with regulations, and increase support for leading enterprises and industry leaders in areas such as qualification certification and honorary recognition. Annually publish information on the city’s emerging growth-oriented private enterprises, as well as their performance in tax contributions, technological innovation, and social responsibility. Carefully carry out the recommendation of outstanding private sector figures as candidates for the People’s Congress and the Chinese People’s Political Consultative Conference.

  21. Establish a risk early warning and emergency assistance mechanism for private enterprises. Strengthen monitoring and statistics on the operation of the private economy, support the development of research institutions on the private economy in Zhuhai, and regularly publish research findings such as reports on the development of the private economy and industry development reports. Implement market-oriented restructuring mechanisms and encourage private enterprises to revitalize existing assets to recover funds.

  All districts and departments must strengthen organizational leadership, enhance a sense of responsibility, and effectively publicize policies. By aligning efforts with practical work conditions, they should diligently ensure that all policy measures are implemented in detail, take root, and yield tangible results, thereby truly benefiting the broad base of private enterprises.


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