Hainan Free Trade Zone Program: Two years to transition to a free trade port

The biggest feature of Hainan Free Trade Zone Is the "global" pilot On the afternoon of October 16, the "China (Hainan) Pilot Free Trade Zone Overall Plan" (hereinafter referred to as the "Program") was officially released. According to the "Program", the implementation scope of the Pilot Free Trade Zone is Hainan Island, and in accordance with the requirements of Hainan's overall planning, the development of tourism, modern service industry, high-tech industry is the leading factor, and the industrial layout of Hainan Island is scientifically arranged. The "Program" has seven parts: The first part is the overall requirement, which clarifies the guiding ideology, strategic positioning and development goals. The second part is to build a free trade pilot zone on the whole island of Hainan, including the scope of implementation and functional division. The third, fourth and fifth parts have clearly defined the reform pilot tasks from the aspects of accelerating…

More than ten provinces and cities state capital took over the equity of private companies

Since the second half of the year, capital market volatility has intensified, equity pledges and debt defaults of listed companies have become more frequent, and the pace of local state-owned shares in private enterprises has been accelerating. So far, including Shenzhen, Shandong, Fujian, Sichuan, Henan and other countries and capitals of more than 10 provinces and cities have taken over the shares of private listed companies to provide liquidity support. According to the incomplete statistics of the First Financial and Economic Affairs, the major shareholders of nearly 160 listed companies have signed equity transfer agreements since 2018, of which 22 are the state-owned assets, and the total market capitalization has exceeded 133 billion yuan. On the other side of the state-owned private enterprises, there are some public concerns about the development of state-owned enterprises and private enterprises: will state-owned enterprises take the opportunity to merge private enterprises on a large…

Guide the orderly opening of military workers and improve the participation of private enterprises in competition

Xi Jinping: Guiding military enterprises to openly and orderly, increasing the proportion of private enterprises participating in competition Xinhua News Agency, Beijing, October 15th The General Secretary of the CPC Central Committee, the President of the State, the Chairman of the Central Military Commission, and the Director of the Central Military-civilian Integration Development Committee Xi Jinping presided over the second meeting of the Central Military-civilian Integration Development Committee and delivered an important speech on October 15. The meeting reviewed and adopted the "Opinions on Strengthening the Construction of the Rule of Law for the Integration of Military and Civilian Development". Xi Jinping emphasized that strengthening responsibility should be carried out, implementation should be implemented, the level of rule of law should be improved, system reform should be deepened, scientific and technological innovation should be promoted,and the deep development of military-civil integration should be accelerated. Wang Huning and Han Zheng, deputy…

State-owned public funds listed companies? State-owned Assets Supervision and Administration Commission: Mutual and Win-Win Market Choice

On the 5th, I responded at the press conference of the State New Office. This is just a normal market-oriented behavior of state-owned enterprises and private enterprises in the current environment. It is a market choice of mutual benefit and win-win. There is no question of who will retreat. Peng Huagang said that in response to the development and relationship between state-owned enterprises and private enterprises, three sentences can be said: First of all, we must persist in using "two unwavering" to understand and grasp the fundamental and long-term relationship between state-owned enterprises and private enterprises. On the one hand, we must see that the status of state-owned enterprises is important, critical, and irreplaceable. On the other hand, we must also see that the Party Central Committee has always supported and encouraged the development of private enterprises. Second, the reform of mixed ownership is two-way and win-win. We encourage the…