Forwarding the Notice of the National Development and Reform Commission on Further Coordinating Social Capital Investment and Financing Cooperation
Provinces, autonomous regions, municipalities directly under the central government, and cities specifically designated in the state plan, as well as the Development and Reform Commission of Xinjiang Production and Construction Corps:
In order to implement the decisions and deployments of the Party Central Committee and the State Council, increase investment and financing innovation, give full play to the active role of social capital, promote the implementation of key projects, rationally expand effective investment, and promote high-quality economic development, our committee will continue to strengthen social capital investment and financing cooperation. For docking, all localities must also actively take effective measures to further do a good job in investment and financing cooperation. The notice is as follows.
1. fully understand the importance of strengthening investment and financing cooperation
Strengthening the docking of investment and financing cooperation is conducive to implementing the spirit of the outline of the 14th five-year Plan and promoting the implementation of major national strategies; it is conducive to implementing the arrangements of the Central Economic work Conference and doing a good job in the work of "six stability" and "six protection"; it is conducive to promoting the construction of key projects and reasonably expanding effective investment; it is conducive to implementing the reform requirements of "management and service", speeding up the transformation of government functions, and optimizing the business environment; it is conducive to building bridges, platforms and channels for projects and funds, and promoting the project to land as soon as possible. All localities should thoroughly implement the decisions and arrangements of the CPC Central Committee and the State Council, establish and improve the docking mechanism of social capital investment and financing cooperation, stimulate the vitality of all kinds of social capital, and give better play to the key role of investment.
2. accurately grasp the specific content of investment and financing cooperation docking
The main purpose of carrying out investment and financing cooperation is to strengthen information sharing and close ties among local governments, enterprises, financial and investment institutions at all levels, create a good investment environment, promote the landing of key projects, and help finance better serve the real economy. All localities should conscientiously formulate work plans in the light of local actual conditions, carefully select key projects, and strengthen cooperation with financial and investment institutions with standardized operation and corresponding conditions. through the interpretation of investment and financing policies, project information sharing, the promotion of key projects, and the promotion of preliminary work, we should earnestly strengthen the docking of investment and financing cooperation, help the project to land as soon as possible, and promote the construction of the project as soon as possible.
3、 Strengthen the interpretation and exchange of investment and financing policies
Local development and reform commissions should timely organize the interpretation of major national policies closely related to economic and social development and investment activities, including the outline of the 14th five-year Plan, major national strategies, industrial policies, major projects, etc., to help enterprises, financial and investment institutions better understand the spirit of the policy and carry out investment and financing activities reasonably. Through holding symposiums and other means, we should deeply understand the problems and difficulties encountered by enterprises, financial and investment institutions in investment and financing activities, listen carefully to opinions and suggestions, and constantly improve the management of investment and financing. It is necessary to establish and improve the feedback mechanism for policy implementation, refine and improve relevant policies according to the opinions of all parties, effectively open up the "last mile" of policy implementation, and promote the effectiveness of various investment and financing policies.
4. prepare for project docking
All localities should timely summarize investment projects with investment and financing docking willingness, and select key projects that have a strong driving effect on local economic and social development, meet the requirements of national policies, have a certain level of income, and have relatively mature conditions, and form a list of investment and financing docking projects. According to the characteristics of different projects, formulate specific investment and financing docking plans, clearly encourage and support policies, enhance the pertinence of work, and make preparations for project docking. It is necessary to establish and improve the working mechanism, strengthen communication and cooperation among departments, implement work responsibilities, promote the solution of difficult problems faced by the project, and do a good job in coordination services.
5. to promote the docking of key projects
For investment projects included in the investment and financing docking list, we should give full play to the strength of professional consulting institutions, do deep and detailed investment and financing programs, and improve docking efficiency. We should actively recommend key projects with capital gaps to equity investment institutions and government industrial investment guidance funds, guide the strengthening of equity financing, and encourage the use of investment and loan linkages to support project construction. Through various methods such as project matchmaking meetings, we can build a platform that is conducive to communication and connection between all parties, promote key projects to financial and investment institutions, and strive for financing support. For projects with strong demonstration significance and guiding role, and strong willingness to promote, it is necessary to focus on guarantee, strengthen support, close follow-up, regular scheduling, coordinate and solve key problems, implement various construction conditions, and promote the smooth implementation of the project.
6. increase efforts to revitalize the stock of assets
In the process of carrying out investment and financing cooperation and docking, we should adhere to the equal emphasis on new construction and stock, actively select the stock projects that are suitable for invigorating, and invigorate them by means of property rights transactions, organic combination of stock and reconstruction and expansion, and tapping the value of idle and inefficient assets, so as to attract the participation of social capital. Promote more qualified stock projects to issue infrastructure REITs, open up investment exit channels, and enhance the enthusiasm of enterprises to participate in infrastructure construction. Priority will be given to supporting stock projects with sustainable profitability to carry out government and social capital cooperation (PPP), give full play to the professional advantages of social capital, and improve project operational efficiency. For new projects that revitalize the stock of recovered funds, it is necessary to strengthen investment and financing cooperation, encourage financial institutions to increase support, promote the acceleration of the preliminary work of the project, and promote the construction of the project as soon as possible.
7. realize convenient sharing of project information
Make good use of the national investment project online approval and supervision platform, combined with the demands of enterprises, financial and investment institutions, do a good job of public inquiry and display of project information, to facilitate all kinds of capital to choose interested projects to negotiate investment. Relevant project information management platforms in various regions should improve their functions, enhance services, and dynamically share information such as the basic situation of investment and financing docking projects and the progress of procedures. Make good use of the project library in key areas to attract private capital investment, normalize and publicly promote attractive projects, and promote the extensive participation of private capital in infrastructure project construction. Give full play to the role of the national PPP project information monitoring service platform, increase the disclosure of PPP project information, guide the participation of various investment entities, and promote the standardized and orderly implementation of PPP projects.
8. promotes innovative investment and financing models
In the process of docking investment and financing cooperation, all localities should give full play to their subjective initiative in the light of local reality, carry out innovative work under the premise of compliance with the law, and actively explore new investment and financing models. Support enterprises to innovate investment methods and methods, encourage financial and investment institutions to innovate products and service models, and improve the quality of financial services to the real economy. It is necessary to actively excavate and discover excellent cases in innovative investment and financing models and promoting effective investment in the region, summarize and refine them, form typical experiences that can be replicated and popularized, and publicize and promote them in a variety of ways. It is necessary to earnestly learn from the effective practices of innovative investment and financing models in advanced regions, improve and improve investment and financing policies in the region, create a good investment environment, and promote effective investment.
9. effectively guard against all kinds of risks
In the process of carrying out investment and financing cooperation, it is necessary to effectively strengthen project control, ensure that the project meets the requirements of the "Outline" of the "14th Five-Year Plan", major national strategies, and industrial policies, and handle fixed asset investment management procedures in accordance with laws and regulations. We should mainly select key projects with clear investment return mechanism and reasonable income level for promotion, and resolutely avoid rushing to the top. In the process of project implementation, we should do our best to strengthen the construction of government credit performance, do not make excessive promises, and effectively prevent new hidden debts of local governments.
10. improve the long-term working mechanism
Local development and reform commissions should strengthen communication and convergence with relevant parties, establish and improve a unified docking mechanism for investment and financing cooperation, and promote the normalization, long-term effectiveness, and institutionalization of investment and financing cooperation. It is necessary to sum up the docking experience of investment and financing cooperation in a timely manner, constantly innovate working methods, promote the solution of key and difficult problems, and promote the docking of investment and financing cooperation to achieve practical results. Each provincial development and reform commission shall, before January 15 and July 15 of each year, submit to our commission (investment department) the progress of investment and financing cooperation docking and docking project information (in the attached format), as well as typical experience, opinions and suggestions, etc. Relevant enterprises, financial and investment institutions can also reflect to our Commission (Investment Department) the docking needs of investment and financing cooperation, put forward work suggestions, strengthen information exchange, and form a joint force of work.
Our committee will continue to improve the social capital investment and financing cooperation docking mechanism, focus on key areas, actively carry out policy exchanges, information sharing, project docking, model exploration, etc., to help the implementation of projects with strong demonstration and great influence, and vigorously promote local Good experience and good practices, continuously strengthen the innovation of investment and financing models, fully mobilize the enthusiasm of various social capital, and rationally expand effective investment.
Office of the National Development and Reform Commission
March 21, 2022
