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    Jiang Xipei: Fair competition and regulation are the cornerstone of the business environment

    Author:fegroup Published: 2021-07-22 Hits:

    Recently, sponsored by the Development Research Center of the State Council and co-sponsored by the All-China Federation of Industry and Commerce, a seminar on cultivating market players and optimizing the business environment was held in Beijing. The meeting focused on theoretical discussion and practical innovation on cultivating market players and optimizing the business environment, and focused on in-depth discussion and exchange on market players engaged in entrepreneurship, innovation and creation, building a market-oriented and law-based international business environment, promoting the construction of a high-level socialist market economy system, and better serving high-quality development.

    Many relevant personages delivered keynote speeches such as Leaders of the Development Research Center of the State Council, the National Development and Reform Commission, the Ministry of Finance, the State Taxation Administration, the State Administration for Market Regulation, and the All-China Federation of Industry and Commerce delivered keynote speeches. Leaders of the Chinese Academy of Social Sciences, the Zhejiang Provincial Government, the Chongqing Municipal Government and the World Bank delivered keynote speeches. The central government organs, local governments, relevant experts, key industry associations and enterprises and other 21 relevant personages.

    Jiang Xipei, Far East holding group founder and chairman of the board, and the secretary of the party committee was invited to the meeting, and accompanied by  Zao Mingbu who is the sole corporation on behalf of the keynote address, senior partner, the manger of the Far East wisdom energy co., LTD. (abbreviation: the Far East Stock; stock code: 600869) and township entrepreneurs association secretary-general in Jiangsu province.

    At the scene of the BBS

    Jiang Xipei and economic research institute, Chinese Academy of Social Sciences, director of the Huang Qunhui wang wei, the State Council development research center, director of the market, the central party school (national school of administration), dean of the school of marxism Zhang Zhanbin dean, school of public administration, renmin university of China, Yang peak to open "to strengthen the construction of scientific supervision, promote fair competition and high standard market system" as the theme respectively.

     Jiang Xipei delivered the keynote speech

    Jiang said that in recent years, the CPC Central Committee and the State Council have attached great importance to deepening the reform of "delegating power and providing services" and optimizing the business environment. They have introduced a series of reform and innovation measures to create a better development environment and achieved great results. Both the central government and governments at all levels have taken improving the business environment as a powerful way to develop the economy in the future. They have continued to improve institutions, released institutional dividends, effectively strengthened services and supervision, further promoted fair competition, and constantly stimulated the enthusiasm of the people for entrepreneurship and innovation.

    Jiang Xipei said that thanks to the continuous optimization of China's business environment, Far East Holding Group has been developing and growing from a small family workshop 36 years ago to a leading industrial enterprise with an annual revenue of over 50 billion yuan, brand value of 81.018 billion yuan and nearly 10,000 employees, which is inseparable from all levels of party committees and government partners care and support.

    Jiang Xipei believes that the most fundamental thing to cultivate market players and optimize the business environment is to emancipate the mind and make theoretical innovations. Scientific, sustainable and high-quality development is the absolute principle. It is essential that the people live and work in peace and contentment. We should unswervingly support the innovative development of enterprises under all forms of ownership. Unswervingly adhere to the market in the allocation of resources in the leading role.

    We will foster market players and optimize the business environment, with the most prominent focus on the development of Party and government personnel and entrepreneurs. Whether in government or business, people who want to do something, can do something, and can do nothing wrong should have the confidence to be recognized. If a country wants to be competitive in the world, it still has to compete with comprehensive strength such as talent, system and science and technology. We should continue to release institutional dividends and strengthen talent cultivation and attractiveness.

    To foster market players and improve the business environment, the most important thing is institutional innovation and guarantee. We should continue to optimize the system, further top-level design and enhance the execution capacity, effectively strengthen the empowerment and services, and further promote fair competition and fair regulation. These are what the majority of market entities, private entrepreneurs in particular, are looking forward to, and they are also necessary for the high-quality and sustainable development of the country.

    Jiang Xipei believes that fair competition and regulation are the cornerstone of the business environment. He suggested that bidding laws and regulations should be further optimized to encourage bidding with reasonable price. We should not only fight against monopoly, but also the malicious competition below cost price. Strengthen protection of intellectual property rights, including trade names, trademarks, inventions and Copyrights, and we will strengthen all-around and whole-process supervision over the production standards, circulation, use and storage of enterprises' organizations, focusing on supervision at the source and putting an end to the production, circulation and use of short weights, shoddy products and fake products. In addition, the state market supervision and intellectual property departments should continue to carry out special rectification activities against counterfeiting, and strictly punish the production and sale of fake and shoddy products and the unauthorized use of other people's trademarks, trade names and logos to infringe enterprises' intellectual property rights in accordance with the law and regulations, so as to maintain market order.

    Jiang Xipei also suggested that the commercial Banks should support private enterprises, especially small and medium-sized private enterprises development, allow private enterprises to get factors of production and equally participate in market competition, the key support good quality, good brand, can bear, good competitive Chinese enterprises healthy and sustainable development, expand the scope of the policy of renewing loans without repayment of principal at maturity, reduce product circulation loan threshold, and increase lending .

    At the same time, Jiang Xipei suggested to cancel the restriction on equity pledge financing of listed companies, which could guarantee the main capital needs of enterprises, especially private enterprises, and stimulate the vitality of entrepreneurs, especially private enterprises. We will appropriately lower the top corporate income tax rate to 20 percent and the top individual income tax rate to 35 percent, and maintain the long-term mechanism for preferential tax policies for small, medium and micro businesses. We will further reduce fees related to enterprises, optimize procedures and reduce institutional transaction costs of enterprises, so as to encourage enterprises to spend more funds on product research and development and technological innovation.

    Finally, Jiang Xipei believes that we should adhere to the people-oriented, market-oriented, system-oriented, target-oriented, problem-oriented, performance-oriented and satisfaction-oriented. Believe in the future, believe in entrepreneurs, believe in young people, embrace change, and change yourself, so the future will be better.

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