All district governments and municipal government directly affiliated units:
To thoroughly implement the scientific development concept, fully mobilize and leverage the enthusiasm of social investment, and enhance the vitality and synergy of economic development, in accordance with the « Several Opinions of the State Council on Encouraging and Guiding the Healthy Development of Private Investment, » the « Outline of the Reform and Development Plan for the Pearl River Delta Region (2008–2020) » approved by the State Council, and the « Shenzhen Comprehensive Reform Overall Plan, » the following opinions are hereby put forward to further encourage and guide social investment:
I. Overall Requirements for Further Encouraging and Guiding Social Investment
(1) Definition and 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 limited company, private, and individual as the main investors, investment by state-owned or state-controlled enterprises, and foreign investment with foreign or Hong Kong, Macao, and Taiwan enterprises as the main investors.
(2) Significant Importance. Further encouraging and guiding social investment is conducive to continuing to expand effective investment demand and promoting stable and relatively fast economic and social development; to optimizing and adjusting the investment structure and improving the quality and efficiency of economic and social development; to stimulating the endogenous driving force of economic development and enhancing the city’s comprehensive strength and development momentum; to increasing employment and prospering the market, accelerating the construction of a happy and livable city; and to deepening the reform of the investment system and establishing a sound socialist market economy system.
(3) Guiding Ideology. In line with the overall requirements of perfecting the socialist market economy system, fully leverage the fundamental role of the market in allocating resources, 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 fields and scope of social investment; focus on protecting the legitimate rights and interests of social investment, creating a market environment of fair competition and equal access; focus on optimizing and adjusting the investment structure, promoting the rational flow and effective allocation of production factors; focus on deepening the reform of the investment and financing system, enriching and improving social investment financing channels; focus on enhancing policy synergy and linkage, steadily building a new type of social investment system characterized by government guidance, enterprise decision-making, complete policies, standardized self-discipline, fairness and openness, and healthy vitality.
(4) Basic Principles. Adhere to government guidance and enterprise decision-making, with government investment and social investment mutually promoting and complementing each other, enhancing the confidence and willingness of social investment; adhere to reform and innovation, piloting and experimenting first, taking multiple measures to lower thresholds and expand scope, deepening the depth and breadth of social investment; adhere to fairness and openness, with key support, policy incentives and service guidance complementing each other, ensuring the rights and returns of social investment; adhere to international orientation and strategic introduction, with integrated development of domestic capital and foreign capital, enhancing the vitality and tension of social investment; adhere to focusing on the present while looking to the future, balancing overall quantity and structural optimization, improving the quality and efficiency of social investment.
II. Further Broadening the Fields and Scope of Social Investment
(5) Operational Infrastructure Fields. Through methods such as project legal person bidding and share offerings, 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, in the form of equity participation, controlling stakes, sole proprietorship, joint ventures, cooperation, joint operations, acquisitions, 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, as well as engineering projects to improve the utilization rate of oil, gas, and electricity resources, and fields such as chemicals and raw materials. Support social capital in participating in the construction of hydropower and thermal power stations in the form of sole proprietorship, controlling stakes, or equity participation, and in participating in the construction of nuclear power stations through equity participation. Accelerate the deepening of monopoly industry system reforms, 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 investment in the construction of municipal facilities such as water supply, gas supply, sewage treatment, and waste treatment projects;</
