All district governments and municipal government departments:
To thoroughly implement the scientific development concept, fully mobilize and leverage the initiative of social investment, and enhance the vitality and synergy of economic development, based on the “Several Opinions of the State Council on Encouraging and Guiding the Healthy Development of Private Investment” and the “Pearl River Delta Region Reform and Development Planning Outline (2008-2020)” and the “Shenzhen Comprehensive Reform Overall Plan” approved by the State Council, the following opinions are proposed to further encourage and guide social investment:
I. General Requirements for Further Encouraging and Guiding Social Investment
(1) Definition Scope. Social investment refers to investment other than government investment, primarily including private investment with collective, joint-stock cooperative, joint venture, limited liability company, joint-stock company, private, and individual entities as investors, investment by state-owned or state-controlled enterprises, and foreign investment with foreign or Hong Kong, Macao, and Taiwan enterprises as investors.
(2) Significant Significance. Further encouraging and guiding social investment helps to continue expanding effective investment demand, promoting stable and relatively fast economic and social development; optimizing and adjusting investment structure, improving the quality and efficiency of economic and social development; stimulating the endogenous driving force of economic development, enhancing the city’s comprehensive strength and development momentum; increasing employment and thriving the market, accelerating the construction of a happy and livable city; and deepening investment system reform, establishing and improving the socialist market economy system.
(3) Guiding Ideology. In accordance with the general requirements of improving the socialist market economy system, fully leverage the fundamental role of market resource allocation, encourage and guide social capital to enter industries and fields not explicitly prohibited by laws and regulations, focus on standardizing market access thresholds, broaden the scope and range of social investment; focus on protecting the legitimate rights and interests of social investment, creating a fair competition and equal access market environment; focus on optimizing and adjusting investment structure, promoting the rational flow and effective allocation of production factors; focus on deepening investment and financing system reform, enriching and improving social investment financing channels; focus on enhancing policy synergy and linkage, steadily building a new social investment system guided by government, decided by enterprises, with complete policies, standardized self-discipline, fairness and openness, and healthy activity.
(4) Basic Principles. Adhere to government guidance and enterprise decision-making, mutual promotion and complementarity between government investment and social investment, enhancing confidence and willingness in social investment; adhere to reform and innovation, piloting first, taking multiple measures to lower thresholds and broaden scope, expanding the depth and breadth of social investment; adhere to fairness and openness, key support, policy incentives and service guidance complement each other, ensuring social investment rights and returns; adhere to international orientation, strategic introduction, integrated development of domestic capital and foreign capital, enhancing the vitality and tension of social investment; adhere to focusing on the present and looking to the long term, balancing total volume and optimizing structure, improving the quality and efficiency of social investment.
II. Further Broadening the Fields and Scope of Social Investment
(5) Operational Infrastructure Fields. Through project legal person bidding, share issuance, and other methods, promote social capital to participate in the investment, construction, operation, and management of operational infrastructure such as intercity and urban rail transit, highways, airports, ports, information facilities, and communications through equity participation, holding, sole proprietorship, joint venture, cooperation, joint operation, acquisition, and franchising. For completed state-owned operational infrastructure investment projects, the property rights or operating rights may be legally transferred to other social enterprises upon approval.
(6) Basic Industries Fields. Encourage social capital to invest in the construction of natural gas and refined oil storage, transportation, and pipeline facilities and networks, new energy industries such as wind, solar, geothermal, and biomass energy, and engineering projects to improve the utilization rate of oil, gas, and electricity resources, as well as basic industries such as chemicals and raw materials. Support social capital to participate in the construction of hydropower stations and thermal power stations through sole proprietorship, holding, or equity participation, and participate in the construction of nuclear power stations through equity participation. Accelerate the deepening of monopoly industry system reform, introduce competition mechanisms, and achieve diversification of investment entities. Encourage social capital to expand bond financing scale, accelerate the development of equity financing, and other methods to broaden channels for social capital to enter basic industries.
(7) Municipal Public Utilities Fields. Promote social capital to invest in the construction of municipal facilities such as water supply, gas supply, sewage treatment, and waste treatment; encourage social capital to enter fields such as public transportation, urban greening, management and maintenance of municipal public facilities, and park management. Actively promote market-oriented reform in the municipal public utilities field, establish and improve the franchising system,
