Core Viewpoint - The State Council of China has released measures to further promote private investment, addressing barriers and enhancing participation in key sectors, with a focus on infrastructure and public services [1] Group 1: Key Measures - The new measures include 13 initiatives aimed at stimulating private investment through participation in major projects, breaking down hidden barriers, ensuring operational rights, supporting digital transformation, and providing financing [1] - Private capital is encouraged to participate in projects requiring national approval, particularly in sectors like railways and nuclear power, with a minimum shareholding of 10% for eligible projects [2][3] Group 2: Challenges and Solutions - Despite progress, private capital still faces challenges such as hidden barriers in market access and financing difficulties, which hinder investment enthusiasm [2] - The measures aim to address these issues by ensuring that private enterprises can participate in projects without being limited by their funding capacity [3] Group 3: Unique Features of the Measures - The measures represent a shift from encouragement to mandatory participation, specifying key areas for private investment and requiring feasibility studies for private capital involvement [5][6] - They provide detailed and quantifiable standards for participation, enhancing the operational feasibility of the policies [6] - The approach integrates market access, fair competition, financial support, and digital transformation to create a conducive environment for private capital [6]

Core Viewpoint - The State Council has issued measures to stimulate private investment, proposing 13 targeted policies to enhance the development of private investment in various sectors, including infrastructure and technology [1][2]. Group 1: Private Investment Participation - The measures emphasize the need for feasibility studies on private capital participation in state-approved projects in sectors like railways and nuclear power, allowing private capital to hold more than 10% in eligible projects [1][2]. - The policies aim to clarify the roles of industry regulators and project approval departments, ensuring a smooth process for private capital involvement in major projects [2]. Group 2: Infrastructure and Service Sector - The measures encourage orderly participation of private capital in low-altitude economy infrastructure and optimize satellite communication business access for private investment [2]. - The policies aim to remove unreasonable restrictions on service industry access, promoting private investment in areas like industrial design and digital transformation [2]. Group 3: Digital Empowerment for SMEs - The measures support the establishment of major pilot platforms by private enterprises and encourage collaboration with state-owned enterprises and research institutions for market-oriented pilot services [3]. - There is a focus on building comprehensive digital empowerment platforms to facilitate data integration across supply chains, enhancing the digital transformation of small and medium-sized enterprises (SMEs) [3]. Group 4: Financial Support Mechanisms - The measures propose increasing central budget investments in eligible private investment projects and utilizing new policy financial tools to support these initiatives [4]. - The policies aim to improve financing accessibility for private enterprises, particularly small and micro enterprises, by enhancing coordination mechanisms for financing [4].

Group 1 - The core viewpoint of the article is the introduction of 13 targeted policy measures by the State Council to stimulate private investment and promote its development [1][2] - The measures encourage private capital participation in key sectors such as railways and nuclear power, with specific requirements for shareholding ratios [1] - Local governments are urged to support private investment in smaller, profitable urban infrastructure projects [1] Group 2 - The article highlights the importance of safeguarding the legal rights of private enterprises in areas such as electricity grid access and oil and gas pipeline usage [2] - It emphasizes the need for private enterprises to accelerate the construction of major pilot platforms and digital empowerment initiatives [2] - The measures include increased support for eligible private investment projects through central budget investments and new policy financial tools [2]

Core Points - The State Council has introduced 13 targeted policy measures to stimulate private investment and promote its development [1][2][3] Group 1: Expansion of Access - Encouragement for private capital participation in key sectors such as railways and nuclear power, with specific shareholding ratios to be determined based on project feasibility [1][3] - Support for private investment in smaller, profitable urban infrastructure projects [1][3] - Guidance for private capital involvement in low-altitude economy and commercial aerospace infrastructure [1][3] Group 2: Addressing Bottlenecks - Protection of private enterprises' legal rights in areas like electricity grid access and oil and gas pipeline usage [2][4] - Support for the establishment of major pilot platforms by leading private enterprises and collaboration with state-owned enterprises and research institutions [2][4] - Promotion of digital empowerment platforms for private enterprises to enhance their digital transformation [2][6] Group 3: Strengthening Support - Increased central budget investment and new policy financial tools to support eligible private investment projects [2][5] - Financial institutions to set annual service goals for private enterprises to meet their reasonable credit needs [2][6] - Implementation of a "green channel" policy for technology companies to facilitate financing and mergers [2][6] Group 4: Regulatory Improvements - Removal of unreasonable entry barriers in service industries and support for private capital in various productive service sectors [4][5] - Revision of public-private partnership mechanisms to better facilitate private enterprise participation [4][5] - Strict enforcement of bidding regulations to eliminate unfair requirements for private enterprises [4][5] Group 5: Procurement and Investment - Increased government procurement support for small and medium-sized enterprises, with a requirement to reserve over 40% of project budgets for them [5][6] - Encouragement for private enterprises to engage in infrastructure investment trusts (REITs) [6][7] - Emphasis on high-quality development of private investment through improved monitoring and analysis [7][8]

Core Points - The State Council has issued measures to stimulate private investment, introducing 13 targeted policies to enhance the participation of private capital in various sectors, including low-altitude economy and commercial aerospace [1][4] - The measures aim to promote high-quality development of private investment by expanding market access, fostering fair competition, and optimizing investment financing support [1][2] Group 1: Expanding Market Access - The measures encourage private capital participation in key sectors such as railways and nuclear power, specifying shareholding requirements for projects requiring national approval [2] - Local governments are encouraged to involve private capital in new urban infrastructure projects with profit potential [2] - The government aims to eliminate unreasonable restrictions on service industry access and enhance public-private partnership mechanisms [2] Group 2: Addressing Bottlenecks - The measures ensure the legal rights of private enterprises in areas like electricity grid access and oil and gas pipeline usage [3] - Support is provided for private enterprises to establish major pilot platforms and for state-owned enterprises and research institutions to offer market-oriented pilot services [3] - The initiative promotes digital transformation for small and medium-sized enterprises through comprehensive digital empowerment platforms [3] Group 3: Strengthening Support - Increased support for eligible private investment projects through central budget investments and new policy financial tools is emphasized [3] - Financial institutions are urged to set annual service goals for private enterprises to meet their reasonable credit needs [3] - The measures include a "green channel" policy for technology companies to facilitate public offerings and mergers [3] Group 4: Overall Impact - The introduction of these measures is expected to significantly enhance private sector participation in infrastructure and public facility construction, as well as in emerging industries and productive services [4] - The 13 measures reflect the government's commitment to deepening reforms and supporting the development of the private economy [4]

Core Viewpoint - The Chinese government has introduced a series of measures to stimulate private investment, particularly in infrastructure projects, signaling a significant policy shift to enhance the role of private capital in various sectors [1][4]. Group 1: Policy Measures - The government has released 13 targeted policy measures aimed at promoting private investment, focusing on expanding access, addressing bottlenecks, and strengthening support [1]. - Specific measures include allowing private capital to participate in sectors traditionally dominated by state-owned enterprises, such as railways and nuclear power, with a minimum shareholding requirement of 10% [4][5]. - The measures also emphasize the need for feasibility studies to assess private capital participation in projects requiring state approval [4]. Group 2: Sectoral Focus - The policies encourage private investment in low-altitude economy infrastructure, satellite communication, and various service industries by removing unreasonable entry barriers [7]. - The government aims to enhance the participation of private capital in urban infrastructure projects, particularly in smaller cities with profit potential [4][6]. Group 3: Financial Support - The government plans to increase central budget investments in qualifying private projects and utilize new policy financial tools to support key sectors [8][9]. - A total of 500 billion yuan in new policy financial tools has been allocated to support over 2,300 projects, with a total investment of approximately 7 trillion yuan, focusing on digital economy and urban renewal [9]. Group 4: Economic Impact - The measures are expected to boost private investment, which is seen as a crucial indicator of economic vitality and stability, contributing to employment and overall economic growth [9]. - The government emphasizes the importance of ongoing communication with private enterprises to address their concerns and facilitate a healthy development of the private economy [9].

【导读】国务院办公厅印发《关于进一步促进民间投资发展的若干措施》 盘后又有大利好！ 11月10日，中国政府网显示，国务院办公厅印发《关于进一步促进民间投资发展的若干措施》（以下简称《若干措施》），提出13项针对性政策举措，意 在进一步激发民间投资活力、促进民间投资发展。 扩大准入方面，《若干措施》提出，对需报国家审批（核准）的具有一定收益的铁路、核电等重点领域项目，鼓励支持民间资本参与并明确持股比例等要 求；对具备条件的项目，民间资本持股比例可在10%以上。 《若干措施》要求，对各地方规模较小、具有盈利空间的城市基础设施领域新建项目，鼓励民间资本参与建设运营。引导民间资本有序参与低空经济领域 基础设施建设，积极支持有能力的民营企业牵头承担国家重大技术攻关任务。 《若干措施》提到，清理不合理的服务业经营主体准入限制；规范实施政府和社会资本合作新机制，修订分类支持民营企业参与的特许经营项目清单；坚 决取消招标投标领域对民营企业单独设置的不合理要求。进一步加大政府采购支持中小企业力度。 打通堵点方面，《若干措施》要求，保障民营企业在电力并网运行、油气管网设施使用、运力资源调配等方面的合法权益；鼓励支持民营企业加快建 ...

【导读】国务院办公厅印发《关于进一步促进民间投资发展的若干措施》 中国基金报记者 晨曦 盘后又有大利好！ 11月10日，中国政府网显示，国务院办公厅印发《关于进一步促进民间投资发展的若干措 施》（以下简称《若干措施》），提出13项针对性政策举措，意在进一步激发民间投资活 力、促进民间投资发展。 扩大准入方面，《若干措施》提出，对需报国家审批（核准）的具有一定收益的铁路、核电 等重点领域项目，鼓励支持民间资本参与并明确持股比例等要求；对具备条件的项目，民间 资本持股比例可在10%以上。 《若干措施》要求，对各地方规模较小、具有盈利空间的城市基础设施领域新建项目，鼓励 民间资本参与建设运营。引导民间资本有序参与低空经济领域基础设施建设，积极支持有能 力的民营企业牵头承担国家重大技术攻关任务。 《若干措施》提到，清理不合理的服务业经营主体准入限制；规范实施政府和社会资本合作 新机制，修订分类支持民营企业参与的特许经营项目清单；坚决取消招标投标领域对民营企 业单独设置的不合理要求。进一步加大政府采购支持中小企业力度。 打通堵点方面，《若干措施》要求，保障民营企业在电力并网运行、油气管网设施使用、运 力资源调配等方面的 ...

Group 1 - The State Council has issued 13 targeted policy measures to stimulate private investment and enhance its development [2][4] - The Ministry of Commerce and other departments have adjusted the management catalog for the export of precursor chemicals to specific countries, adding the US, Mexico, and Canada to the list [2][4] - The eighth China International Import Expo has achieved a record intended transaction amount of $83.49 billion, marking a 4.4% increase from the previous event [2][4] Group 2 - The National Health Commission has announced that the country has entered the flu epidemic season, with flu activity levels significantly rising, particularly in southern regions [6] - In the first three quarters, China's gold production reached 271.782 tons, a year-on-year increase of 1.39%, while gold consumption fell by 7.95% to 682.73 tons [8] - The total box office for films in China has surpassed 45 billion yuan as of November 10, 2025 [9] Group 3 - A trend of bank app shutdowns has emerged, with over 10 small and medium-sized banks discontinuing credit card apps in 2024, and at least 6 more banks following suit in the first 10 months of 2025 [12] - The 2025 Global Computing Conference was held in Shenzhen, focusing on AI opportunities, with predictions indicating AI could drive a 15% increase in global economic growth over the next decade [13] - For the first time in nearly 30 years, global central banks' gold holdings have surpassed US Treasury bonds, with gold prices rising nearly 50% since the beginning of the year [14]

Core Points - The State Council has released measures to promote private investment, focusing on expanding market access, ensuring fair competition, and enhancing resource support for private enterprises [1][3] Group 1: Expansion of Market Access - The measures support private capital investment in key sectors such as railways, nuclear power, and urban infrastructure projects [3][4] - Private capital is encouraged to participate in low-altitude economy, commercial aerospace, and satellite communication sectors [3] - For projects requiring national approval, feasibility studies for private capital participation must be conducted [4][5] Group 2: Removal of Hidden Barriers - The measures aim to eliminate unreasonable entry restrictions in service industries and ensure fair competition for private enterprises [6][7] - It prohibits setting additional conditions for private enterprises in bidding processes and ensures their rights in network infrastructure operations [6][7] Group 3: Increased Policy Support - A series of initiatives are outlined to support private enterprises, including government procurement policies favoring small and medium-sized enterprises (SMEs) [8][9] - The measures specify that over 40% of budgets for engineering procurement projects suitable for SMEs must be reserved for them [10] - New policy financial tools will be utilized to support important private investment projects, with a focus on technology innovation and traditional infrastructure [10]