The rules of implementation of the Beijing edition of the "State Council's opinions on encouraging and guiding the healthy development of private investment", known as the "new non-public 36", were officially announced by the Beijing Municipal Development and Reform Commission recently. Medical care , education Policy nature housing And other public utilities will become the focus of encouragement. The municipal development and Reform Commission expects that under the policy encouragement, the proportion of private investment in Beijing this year is expected to reach 60%.

Non entry

The four major areas will be fully liberalized.

After the announcement of the new non-public 36 item of the State Council, the hot topic is whether there will be substantial breakthroughs in private investment access. However, because the state documents are programmatic, this question is expected to be answered in the local implementation rules.

Announces the implementation opinions of Beijing Municipality on encouraging and guiding the healthy development of private investment (hereinafter referred to as the "implementation opinions"). It is clear that the four major areas will be liberalized to the public sector in a comprehensive way: urban development and construction projects such as policy oriented housing construction, core area reform, characteristic blocks and quadrangles; cultural, tourism, sports, emerging industries, high-end service industries and other modern industrial development projects; rail spanit, reclaimed water works, water treatment plants, sewage treatment plants, thermal power stations, garbage treatment plants, landscaping and other infrastructure and Public Utilities Marketization construction projects; preschool education, vocational education, high-end education, medical care, pension and other social undertakings marketization construction projects.

Song Yu, deputy director of the municipal development and Reform Commission, said that in the future, for different investment entities, preferential policies and government support measures can be reasonably spanplanted according to the principle of "non entry and equal treatment", and the scope of coverage can be expanded. At present, all districts and counties and relevant departments are working out a guidance plan, and specific project information and implementation are expected to be released to the public from June.

Public utilities and infrastructure

Focus of encouragement

Private investment in Beijing is mainly concentrated in the competitive fields such as high-tech industries, commercial housing development, producer services and so on. The participation level in the areas such as affordable housing, infrastructure, social undertakings, public utilities and so on is not high enough. In the opinion of implementation, investment in medical infrastructure, such as medical treatment, education and policy oriented public utilities, and municipal infrastructure such as tap water, sewage treatment and heating is repeatedly emphasized.

"Establishing a reasonable return on investment mechanism is a prerequisite for attracting private capital." Song Yu said that the next step is to guide private capital into the area of public rental housing in Beijing, and further attract private capital through rational policy system design. At the same time, private capital enters into the utilities such as waterworks and sewage treatment plants, which not only enable enterprises to make profits, but also enable the people to bear the price. The finance will give certain policy subsidies or purchase services according to uniform standards.

Investment environment

Will decide whether or not private capital will enter or not?

"Beijing needs to build a world city with Chinese characteristics and an international business and trade center city. This requires that the infrastructure and public utilities of the city must be comparable to its economic strength and meet the requirements of internationalization. It is precisely in these respects that Beijing still has a big gap." Professor Hong Tao, director of the Business Economics Research Institute of Beijing Technology and Business University and professor of market operation and regulation expert of the Ministry of Commerce, said that the public utilities and infrastructure of Beijing have always been the "dominant government" for private capital. It is difficult to enter the city compared with the southern cities, so the document issued by the municipal government has released a very important and positive signal.

In Hong Tao's view, although the profit of the municipal infrastructure is small, it is still attractive for private capital. Because of the higher efficiency of private capital and lower operating cost, it can often achieve good profits in the difficult areas of state-owned capital operation.

For example, he said, the supply of fresh vegetables in Beijing was borne by the state, not only poorly supplied, but also subsidized every year. However, the takeover of a village run enterprise has changed the situation directly. "Private capital is not afraid of low profits. They mainly look at the investment environment." Hong Tao said.