Traditional Culture Encyclopedia - Traditional virtues - The State Council's Decision on the Reform of Investment System
The State Council's Decision on the Reform of Investment System
Legal basis: the State Council's decision on investment system reform (partially invalid) Since the reform and opening up, the state has carried out a series of reforms on the original investment system, breaking the highly centralized investment management mode under the traditional planned economy system, and initially forming a new pattern of diversified investment subjects, multiple sources of funds, diversified investment methods and marketization of project construction. However, there are still many problems in the current investment system, especially the enterprise's investment autonomy has not been fully implemented, the basic role of the market in allocating resources has not been fully exerted, the scientific and democratic level of government investment decision-making needs to be further improved, and the effectiveness of macro-control and supervision of investment needs to be enhanced. Therefore, the State Council decided to further deepen the reform of the investment system.
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