Source: Economic Daily
Beijing, March 27 (Reporter Peng Jiang) In order to implement the decisions and arrangements of the CPC Central Committee and the State Council on supporting the development of private enterprises, and to implement the work requirements of the “Government Work Report” on improving the bond financing support mechanism for private enterprises, the China Securities Regulatory Commission plans to Recently, a series of policy measures have been introduced to further broaden the channels for private enterprise bond financing and enhance the quality and efficiency of serving the development of the private economy.
It is reported that a series of policy measures include: launching technological innovation corporate bonds, giving priority to supporting private enterprises in high-tech and strategic emerging industries to issue bonds to raise funds. Further optimize the financing service mechanism, and include more qualified high-quality private enterprises in the list of well-known mature issuers to improve financing efficiency. Give play to the role of market-oriented credit enhancement, encourage market institutions and policy institutions to provide credit enhancement support for private enterprise bond financing by creating credit protection tools, and launch portfolio credit protection contract business as soon as possible. Facilitate the repurchase financing mechanism, and appropriately relax the access threshold for the credit-protected private enterprise bond repurchase pledge treasury. Securities and fund institutions are encouraged to increase the business investment of private enterprises, and the relevant indicators of private enterprise bonds will be included in the classified evaluation and special business ranking of securities companies. Strengthen publicity and promotion, take the initiative to deliver policies to your door, and promote “face-to-face” exchanges between investment institutions and private enterprises. Improve the quality of information disclosure and strengthen the full-process information disclosure of private enterprise bonds.
(Editor: Wen Jing)
