一财社论：以“新”引领，助力扩大民间有效投资

Core Viewpoint - The Chinese government emphasizes the importance of private investment as a key indicator of economic activity and stability, particularly in the context of the 14th Five-Year Plan, aiming to enhance effective investment and support private enterprises in seizing opportunities in emerging technologies and industries [1][2]. Group 1: Government Initiatives - The National Development and Reform Commission (NDRC) is actively seeking to expand private investment by addressing the challenges of project identification and funding access, referred to as the "two helps" [2][3]. - Recent meetings have highlighted the need for policies that facilitate private sector participation in key national projects, with a focus on new industries and innovative business models [1][2]. - The introduction of a negative list for market access allows private enterprises to enter sectors not listed, thereby promoting greater participation in strategic projects [3]. Group 2: Policy Implementation - The government has been lowering entry barriers for private capital in critical sectors, such as increasing the allowable share of private investment in nuclear power projects from 10% to 20% [3]. - Collaborative efforts among various policies, including industrial, investment, fiscal, and financial measures, are being strengthened to invigorate private investment [3][4]. - A mechanism has been established to share key private investment project lists with banks and insurance institutions, aiming to enhance financing support for private enterprises [3]. Group 3: Future Outlook - The ongoing implementation of supportive measures is expected to provide easier access to financing for private capital, potentially reducing costs and increasing investment activity [4]. - The government is committed to continuously refining policies to better support private investment, with a focus on new opportunities and the "two helps" framework [4][5].