Li Qiang, secretary of the CPC Jiangsu Provincial Committee, presided over an entrepreneur symposium on the study and implementation of the gist of an important document issued by the CPC Central Committee and the State Council on building a healthy environment for entrepreneurs to promote entrepreneurial spirit and give full play to to the role of entrepreneurs.
Li Qiang stressed that the vast number of entrepreneurs should vigorously carry forward the excellent entrepreneurial spirit, strengthen historical responsibility and world vision in a bid to display entrepreneurial passion and vitality in the new era of innovation.
Government at all levels should provide strong backup to fully mobilize the entrepreneurial enthusiasm, initiative and creativity for the creation of a healthy environment for entrepreneurship, he added.
Present at the symposium were leading entrepreneurs that include Zhang Jindong, chairman of Suning Holdings, Wang Min, chairman of Xugong Group, Zhang Lei, chairman of Envision Energy, Gao Jifan, chairman of Trinar Solar and some others.
On September 25, top Chinese authorities — the Central Committee of the Chinese Communist Party and the State Council — released a guideline on creating a favorable environment for entrepreneurs and boosting entrepreneurial spirit.
The guideline is the first of its kind focused on Chinese entrepreneurial spirit.
In order to boost entrepreneurs’ confidence, the Chinese government vows to “create a legal environment that protect the rights and interests of entrepreneurs, a market that values fair competition and integrity, and a society that respect and encourage entrepreneurship,” according to the guideline.
To achieve the goals mentioned above, the guideline puts forward a series of measures aimed at protecting entrepreneurs’ property rights, ensuring fair competition and smoothing business-government relations.
The government will protect the legal rights and interests of entrepreneurs, ensure fair competition and strengthen protection of intellectual property rights or IPR to encourage innovation.
It will also work on rules to protect IPR of innovative achievements such as new business models and cultural creativity.
A negative list management program will be rolled out nationwide to ensure fair access to industries and businesses that are not off-limits for market entities, according to the guideline.
The guideline stated that the government will fight against monopolies, unfair competition practices and regional protectionism, and remove regulations that undermine fair competition.
Over the past five years, China has made big strides encouraging innovation and entrepreneurship. Through a simpler approval process, lower corporate fees and technology-based services, the government is transforming its functions to let the market play a larger role in the economy.
Latest data showed that in the first eight months of this year, 16,000 new companies were registered every day on average, compared with only 6,900 more than three years ago, when business registration reforms were initiated.
Indeed, China is moving toward an economy focused on consumer spending, innovation and services, reducing reliance on investment and exports of low value-added goods, and boosted by strengthened innovation and research.
In the future, China will introduce a number of reform measures to create a better environment for innovation and development, according to a decision at a State Council executive meeting last month.
