促进民间投资组合拳落地：加大投融资支持，重点领域项目持股可超10%

Core Viewpoint - The article discusses the importance of stimulating private investment to enhance economic activity, stabilize growth, employment, and expectations, highlighting the recent measures introduced by the State Council to promote private investment in key sectors [3][4]. Group 1: Policy Measures - The State Council's recent document outlines 13 targeted policy measures aimed at encouraging private capital participation in key projects such as railways and nuclear power, including specific shareholding requirements [3][6]. - The National Development and Reform Commission (NDRC) has recommended 105 projects to the China Securities Regulatory Commission, with 83 projects already listed, covering various sectors and expected to drive over 1 trillion yuan in new investments [5][6]. Group 2: Investment Trends - In the first three quarters of the year, national fixed asset investment (excluding rural households) reached 371.535 billion yuan, a 0.5% year-on-year decline, with private fixed asset investment down 3.1% [7]. - However, excluding real estate development, private project investment grew by 2.1%, with infrastructure and manufacturing sectors showing positive growth rates of 7% and 3.2%, respectively [7][8]. Group 3: Challenges and Solutions - The NDRC acknowledges existing challenges in private investment, including macroeconomic factors and market conditions, and emphasizes the need for targeted measures to enhance investment effectiveness [9][10]. - The new measures aim to lower barriers for private capital in traditional sectors like energy and railways, promoting a more open and fair investment environment [9][10]. Group 4: Focus on Service Industry - The measures also aim to eliminate unreasonable entry restrictions in the service industry, encouraging private capital to invest in high-value sectors such as industrial design and digital transformation [12][13]. - The NDRC highlights the potential for private investment in the service industry, which is seen as crucial for economic development and innovation [13][14]. Group 5: Financial Support - The measures emphasize the coordination of investment, fiscal, and financial policies to enhance the effectiveness of private investment promotion [16][17]. - The NDRC plans to utilize various financial tools to support eligible private investment projects, including the issuance of infrastructure REITs to broaden financing channels [16][17].