[Biweekly Symposium] No. 575: Multiple Policies Needed to Encourage Private Investment--An Analysis of Private Investment in Recent Years.
Lecturer: CHEN Yongjie
Host: QIN Sidao
Commentators: LIU Qihong, GUAN Weili, GAO Debu, SHENG Hong
Professor CHEN Yongjie is the former director of the research branch of the China Chamber of Commerce. In light of the negative growth of investment by the private sector since last May, multiple issues have been recognized regarding the activity of the private sector. Professor CHEN started with the statistics of investment by the private sector, the recent trend, and the forecast. He analyzed the composite of the investment by sectors, the areas where new investment flow into, and the issue with the registration of enterprises. He concluded that there are two factors that contributed to the drop of investment by private sectors, one was with the macroeconomic condition that signified by the New Normal with medium speed growth, the other was the confidence of the investors, which not only has ideological elements, but also concerns the unfair competition from state-owned enterprises.
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