State Council issues opinions to encourage social capital to participate in nuclear power project investment
Source: China Development Portal. Date: 2014-11-27.
The China Government Network released the "Guidelines of the State Council on Encouraging Social Investment in Investment and Financing Mechanisms in Innovative Key Areas" on November 26. Opinions are clear and social capital is encouraged to participate in power construction. Under the premise of ensuring that nuclear power holding entities have the responsibility for nuclear safety, social capital is introduced to participate in nuclear power project investment, and private capital is encouraged to enter the nuclear power equipment research and development and nuclear power service fields. Encourage social capital to invest in wind energy, biomass, and other clean energy projects and back-pressure cogeneration units, and enter the clean and efficient coal power project construction, coal-fired power plant energy conservation, emission reduction, and upgrading.
Opinions point out that it is necessary to further encourage social investment, especially private investment, revitalize the stock, make good use of the increase, adjust the structure and make up for shortcomings, serve the nation's productivity distribution, promote the construction of key areas, and increase the effective supply of public goods.
Innovative ecological environmental protection investment operation mechanism
The opinions point out from four aspects: deepen the reform of the forestry management system, encourage the conversion of barren hills and afforestation and conversion of forest land to forest land in accordance with the law, reduce and exempt taxes and fees for forest land transfer; promote the diversification of the main body of ecological construction, and the use of barren hills and wastelands for social capital Under the premise of guaranteeing ecological benefits and meeting the requirements for land use control, it is allowed to develop ecological industries such as forest economy and forest tourism; promote the marketization of environmental pollution treatment and steadily promote the government's purchase of environmental monitoring services from society. Establish a recommendation system for third-party pollution control companies in key industries; actively launch pilots for emissions trading and carbon trading, develop a carbon trading market, and encourage and support social investors to participate in carbon quota trading.
Encourage social capital to invest in agricultural and water conservancy projects
Clear opinions, support new types of business entities such as farmer cooperatives, family farms, large professional households, and agricultural enterprises to invest in farmland water conservancy and soil and water conservation facilities. Social capital investment in construction or operation and management of farmland water conservancy facilities, major water conservancy projects, etc. can be inherited, transferred, subleased, and mortgaged related rights and interests in accordance with law; if it is levied, requisitioned or occupied, compensation or compensation shall be provided in accordance with relevant state regulations. At the same time, speed up the establishment of a water rights system, cultivate and standardize a water rights trading market, and actively explore various forms of water rights transaction circulation methods to allow localities to meet new and reasonable water demand through water rights transactions. Improve the water price formation mechanism of water conservancy projects.
Promote the marketization of municipal infrastructure investment operations
Opinions point out that the reform of municipal infrastructure construction and operation mode, encourage the implementation of urban and rural water supply integration, plant and network integration investment and operation. Actively promote the participation of social capital in the construction and operation of municipal infrastructure, encourage social capital to invest in urban water supply, heating, gas, sewage treatment, construction waste resource utilization and treatment, urban integrated corridors, park supporting services, public transportation, parking facilities, etc. For municipal infrastructure projects, the government selects operators that meet the requirements in accordance with the law.
In accordance with the requirements of new-type urbanization, develop conditional county towns and key towns into small and medium-sized cities, support infrastructure construction, and enhance the ability to absorb agricultural transfer population. Improve the price mechanism of municipal infrastructure. Accelerate the improvement of the price formation, adjustment and compensation mechanism of municipal infrastructure, so that operators can obtain reasonable returns.
Reform and improve transportation investment and financing mechanism
The opinion expressed that the reform of railway investment and financing system should be accelerated. Make good use of the railway development fund platform to attract social capital participation and expand the scale of the fund. Promote the implementation of demonstration projects that introduce private capital such as the Mengxi to Central China and Changchun to West Bayanhua railways.
Improve highway investment and financing models, and gradually establish a coordinated development mechanism for expressways and ordinary highways to promote the sustainable and healthy development of ordinary highways. Encourage social capital to participate in the construction of water transport and civil aviation infrastructure, actively attract social capital to participate in the investment construction of hub airports, trunk airports, and airport supporting services and facilities that are relatively profitable, and expand the source of funding for airport construction.
Encourage social capital to strengthen investment in energy facilities
Clear opinions and encourage social capital to participate in grid construction. Actively attract social capital to invest in cross-regional transmission channels, regional backbone power grid improvement projects, and large and medium-sized cities' distribution network projects. Projects such as the Hainan Power Grid Ⅱ return line and Northwest Yunnan to Guangdong UHV DC transmission project will be used as pilot projects to introduce social capital. Encourage social capital to invest in the construction of distributed power grid-connected projects, energy storage devices, and electric vehicle charging and replacement facilities.
Encourage social capital to participate in the construction and operation of oil and gas pipeline networks, storage facilities, and coal storage and transportation. Support private enterprises and local state-owned enterprises to participate in the construction of oil and gas pipeline backbones, coastal liquefied natural gas (LNG) receiving stations, underground gas storages, urban gas distribution networks and urban gas storage facilities, and control and construction of oil and gas pipeline network branches, crude oil and finished products Oil commercial reserve. Encourage social capital to participate in the construction of railway coal transport trunks and coal storage and distribution systems. Petrochemical base refinery and chemical integration projects determined by the state plan are open to social capital.
Streamline the energy price mechanism. Further promote the reform of natural gas prices. In 2015, the stock gas and incremental gas prices will be brought into line, the prices of natural gas sources for non-residents will be gradually liberalized, and unconventional natural gas price market policies such as shale gas and coal bed gas will be implemented.
Promote diversification of investment entities in information and civil space infrastructure
He pointed out that the telecommunications industry is encouraged to further open to private capital. Attract private capital to increase investment in information infrastructure, promote China Tower Corporation to introduce private capital, and achieve mixed ownership development. Encourage private capital to participate in the construction of national civil space infrastructure, and guide private capital to participate in the construction of satellite navigation ground application systems.
Encourage social capital to increase investment in social undertakings
Opinions stated that actively promote the reform of eligible institutions in the fields of pension, culture, tourism, and sports, as well as eligible medical institutions in public hospital-rich areas, to create conditions for social capital to enter and encourage social capital to participate in the reform of public institutions. Encourage social capital to participate in the construction of education, medical care, pensions, physical fitness, and cultural facilities. Further improve the implementation of preferential tax policies for non-profit education, medical care, pensions, physical fitness, and cultural institutions, and exempt non-profit medical and pension institutions from administrative administrative charges. Private education and medical institutions use the same price policy as electricity, water, gas and heat for public education and medical institutions.
In addition, the opinion also requires the establishment of a sound government and social capital cooperation (PPP) mechanism, giving full play to the leading role of government investment, encouraging social capital to invest in agricultural and water conservancy projects, and innovative financing methods to expand financing channels.