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    Xu: Vigorously support enterprises in going public and accelerate the improvement of the investment and financing system

    2024-11-14 09:49Source:https://www.huaihua.gov.cn/


    Xu presides over the symposium on the morning of November 13. (Photo by Yang Zhiwei/Huaihua Daily)

     Xu Zhongjian, secretary of the Municipal Party Committee, chaired the Symposium on the Work of Enterprise Listing and the Construction of the Investment and Financing System on the morning of November 13. In his words, it is vital to conscientiously study and implement the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, the spirit of the Seventh Plenary Session of the 12th Provincial Party Committee and the spirit of the speech made by Shen Xiaoming, secretary of the Hunan Provincial Party Committee, during his inspection in Huaihua. In this case, by building up confidence and seizing opportunities, we will make constant efforts to vigorously support enterprises in going public and accelerate the improvement of the investment and financing system, thus injecting momentum into and empowering high-level opening-up and high-quality development. Those who have been in attendance in the symposium included Li Weilin, Han Xiaobo, Hu Heping, Yu Jianyong, and Fu Haibin and other municipal leaders.

    Xu listened to reports on the work related to enterprise listing, investment, and financing in our city. Multiple directors of enterprises made speeches consecutively and offered constructive suggestions. Chief among these enterprises are Dezhong Automobile, Hengguang Co., Ltd., Wuxin Intelligence, Zhengqing Pharmaceutical, Asiainfo Technologies, Jinyi Environmental Protection, Juntaixincai, Shuangyang High-tech, Huasheng Electric Communication, Butian Pharmaceutical, Yiou New Materials, Tiantian Food, and Xiangtong Luggage and Bags.

    It is necessary to prioritize the "Golden Hibiscus" Ascension Action for promoting enterprise listing. It is necessary to incorporate pioneering, key, and high-quality enterprises into the reserve resource pool for listing. It is necessary to carry out "One enterprise, one policy" point-to-point assistance and cultivation in efforts to guide enterprises in choosing the development direction suitable for listing. It is also necessary to support enterprises in cultivating competitive products and in expanding the scale of output value with the ultimate purpose of consistently improving the operation level and profitability, and accelerating the pace of enterprise listing, emphasized by Xu.

    It is important to broaden horizons and innovate ideas by focusing on key areas such as "port, industry, city, and tourism". It is important to accurately implement various existing and incremental policies of the central government in place by giving full play to the role of financing platforms and flexibly harnessing investment and financing tools such as bank credit and industrial funds. It is important to improve the institutional mechanisms for government investment to effectively drive social investment and promote more market capital to be invested in specific projects. It is important to actively guide social capital to participate in infrastructure construction and industrial development, and effectively remove constraints of investment and financing. It is also important to improve the risk prevention and control mechanism, by strengthening risk assessment and early warning, and effectively defusing various investment and financing risks, emphasized by Xu.

    According to Xu, the municipal leaders in charge should strengthen overall coordination and specific guidance by implementing the system of municipal leaders contacting key enterprises in the reserve for listing, and promptly addressing the key and difficult problems in this respect. The relevant municipal departments should likewise take the initiative to improve and implement the work coordination and linkage mechanism. The financial industry should adhere to taking serving the real economy with financial services as the fundamental purpose and innovate financial mechanisms, products and services. Entrepreneurs should focus wholeheartedly on making their enterprises bigger and stronger to promote the high-quality development of their enterprises.

    (Translated by Dong Yue)