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On December 27, at the Conference on Promoting the Work of the Federation of Industry and Commerce System to Optimize the Development Environment of Private Enterprises, the All-China Federation of Industry and Commerce released the key conclusions of the 2023 business environment assessment of 10,000 private enterprises. This year marks the fifth consecutive year that the All-China Federation of Industries and Commerce has released business environment assessment results. In total, more than 140,000 private companies took part in the survey. The assessment subjects included 31 provinces, autonomous regions, municipalities directly under the central government and the Xinjiang Production and Construction Corps.
Yang Youxing, member of the Party Leadership Group and vice chairman of the All-China Federation of Industries and Commerce, released the key conclusions of the business environment assessment of ten thousand private enterprises in 2023
The survey results show that the national business environment assessment score increased slightly in 2023 compared to last year. Over 90% of the sample companies believe that the business environment in China has improved in the past year, and 64.2% of them believe that the business environment has improved a lot or a lot. The five environmental assessment values of “Factors,” “Government Affairs,” “Market,” “Rule of Law,” and “Innovation” all increased compared to last year. Among them, the assessment of the innovation environment has improved the fastest, and the assessment of the legal environment ranked first among the top five environments for four consecutive years.
melodyThe survey results show that the construction of China’s business environment in the eyes of private companies last year had the following characteristics:
1. The “31 Articles on the Private Sector” has received great attention from private companies.More than 90% of the sample companies said they understood the relevant meaning of the “31 Articles of the Private Sector”, 50% of them said they understood it very well or relatively well. 83.6% of enterprises believe that the social environment for the development of the private sector has improved, and the social atmosphere that promotes, encourages and supports the development of the private sector is getting better and better.
2. Private companies’ development confidence is recovering.87.2% of companies said they were very optimistic or relatively optimistic about the development prospects of their companies, and 86% of companies said they were very optimistic or relatively optimistic about the development prospects of their industry. 41.6% of companies said they will increase their investments in the next year. That is 8.8 percentage points more than the proportion of companies that actually made new investments last year. This indicates that companies’ willingness and confidence to invest are developing positively.
3. The “double randomization, one disclosure” monitoring method is well accepted by companies.59.1% of the sample companies were subjected to a “double sample audit and a public” audit last year. Among them, 84.1% of companies said that they accept multi-departmental joint inspections, indicating that multi-departmental joint inspections are becoming the main method of door-to-door inspection. Companies are very satisfied with the frequency and results of door-to-door inspections by regulators. Among them, nearly 80% of companies expressed agreement with the frequency of inspections, and 87.1% of companies were very satisfied or relatively satisfied with the results of interdepartmental joint inspections.
4. The situation of corporate debt arrears has improved compared to last year.63% of the sample companies reported that there were no arrears on receivables in the past year. This share has increased by 13 percentage points compared to the previous year. To a certain extent, this shows that various locations have achieved initial results in solving the problem of arrears to private companies.
5. Company-related fee management is more standardized and transparent.99.4% of the sample companies reported that they did not encounter arbitrary fees, fines or splits in the past year, indicating that the special corrective measures against illegal and arbitrary fees by companies in various places have achieved good results.
6. Chambers of Commerce play a prominent role in business development.Almost 80% of the sample companies were satisfied with the development and role of the local chambers of commerce. If a company’s own rights and interests are harmed, 57.4% of companies said they would give priority to the Federation of Commerce and Industry and the Chamber of Commerce to solve the problem.
7. There is a large gap in the assessment results on the business environment of various industries.The business environment assessment analysis of 12 industries with a large sample shows that 92.3% of the sample companies believe that the business environment has improved compared to the previous year. In order of evaluation, the evaluation results of textiles and clothing, engineering, new materials and biopharmaceuticals rank in the top 4, with the textile and clothing industry performing best; the valuation results of hotels and restaurants, public utilities, construction, and the real estate industry ranked in the bottom four, with the real estate industry ranking in the top four. The industry has the lowest score.
The survey results show that the sample companies also have high expectations for further improvement in the business environment. In terms of the factor environment, we hope to focus on increasing financing support and reducing logistics costs. Regarding the government environment, we hope to improve the convenience of government services, implement tax and fee reduction measures, and improve the stability, continuity and synergy of business-friendly measures. In terms of the market environment, we hope to improve the fairness, standardization and simplicity of government supervision, avoid the implementation of one-size-fits-all policies, and standardize and reduce the fee standards of intermediate agencies. In terms of the legal environment, we hope to establish and improve a private platform for economic grievances and rights protection, as well as implement law enforcement methods such as notification, reminder and persuasion. In terms of the innovation environment, we hope to further increase the introduction of innovative talents, open cooperation channels between enterprises, universities and scientific research institutes, and strengthen support for tax and fiscal policies.
According to the evaluation results, the top 10 provinces in business environment (sorted by administrative unit) are: Beijing, Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Shandong, Hubei, Hunan and Guangdong; the 10 best provincial capitals and deputies The provincial cities (sorted by administrative division) are: Nanjing, Hangzhou, Ningbo, Hefei, Qingdao, Wuhan, Changsha, Guangzhou, Shenzhen, Chengdu; The top 10 prefecture-level cities (sorted by administrative division) are: Tangshan, Wuxi, Suzhou, Wenzhou, Jiaxing, Shaoxing, Jinhua, Ji’an, Zibo, Yichang.
Compared to last year’s assessment results, the five provinces (sorted by administrative division) that have made the most progress in optimizing the business environment are: Tianjin, Hebei, Shanxi, Heilongjiang and Guangxi. The five provincial capitals and sub-provincial cities that have made the most progress (sorted by administrative division) are: Hohhot, Harbin, Nanning, Xining and Yinchuan. The five prefecture-level cities with the most obvious progress (ranked by administrative division) are: Dezhou, Hebi, Huangshi, Jingzhou and Jiangmen.
According to the summary results of “Provinces and Cities with the Best Business Environment” filled in by companies, the top ten provinces (sorted by administrative division) are: Beijing, Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Shandong, Hunan, Guangdong, Sichuan . The ten provincial capitals and sub-provincial cities with the best reputation (sorted by administrative division) are: Nanjing, Hangzhou, Ningbo, Hefei, Qingdao, Wuhan, Changsha, Guangzhou, Shenzhen and Chengdu. The ten prefecture-level cities with the best reputations (sorted by administrative division) are: Wuxi, Suzhou, Wenzhou, Jinhua, Zibo, Yantai, Luoyang, Zhuhai, Foshan and Dongguan.
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