Attachment I: Press Conference of Enterprises’ International Credit Rating and Promotion
4、Enterprises’ International Credit Rating and Promotion Brings Spring of Development for Chinese Private Enterprises
Dear President Maolin, President David Emery,
ladies, gentlemen and friends,
Good afternoon!
I
am very pleased to be present at this press conference. I would like to
take this opportunity to express my sincere gratitude and
utmost support to the launch of the
“Enterprises International Credit Rating and Promotion” on behalf of
All-China Federation
of Industry & Commerce(ACFIC), Chinese private entrepreneurs, especially
the members of ACFIC.
Private economy is nongovernmental and people-oriented economy, which has been created by the people, and is an important economic model most suitable to the market economy. Since the reform and opening up, under the correct guidance of the Communist Party and the government, our private economy has developed rapidly, from nothing to one, from small to big. The number of private enterprises has increased by 30 percent each year. The total amount of registered capital has increased by over 60 percent each year. Production value has increased by 50 percent each year. The private economy, with its strong vitality, has made great contributions to China’s economic development.
Private economy has enhanced the rapid growth of China’s economy and promoted the rapid development of productivity. In 2005, private economy contributed 45 percent to the gross national economic growth and has made up more than 50 percent of the gross domestic product. It not only satisfies the various needs of residents, but also activates and boosters the market, alleviates the employment pressure, keeps social stability, promotes export and increases national financial revenue. It returns to society by active investments, which has promoted the social commonwealth cause. Private economy, with its special status, has promoted the construction of the socialist market economy and has been closely connected with market economy since emergence. It is the earliest practicer of the market economy.
Just because of this, private economy longs more for a credit society for exchange, interaction and win-win with credit enterprises and other objects under a credit environment and atmosphere.
As we are familiar with the launch of Enterprises International Credit Rating Standard and Promotion Activities, in which we have involved ourselves in the compilation of International Credit Rating Standard and planning of the promotion activities with many associations and chambers of commerce, we understand the importance and essentiality of this criteria and the campaign. We have made our contributions to its scientific criterion, equity and justness, probability to stand trials of time and market and adaptation to the needs of the economic globalization. We will surely give great support and we just hope that this rating criteria and this rating campaign would place the private economy in a high position to keep it with the same pace as the mainstay of the economy. Since we make our due contributions to the society and to the country by developing ourselves, we still need to ‘introduce cooperative partners’ and wish more urgently to ‘go out. We have the responsibility and are confident to win our own position and responsible under the world economic trend of globalization and in the intense international competition.
International credit is a credit with high starting point and high standard. Credit is not talked about with the door closed, but with arms open. This is a very good beginning. Chinese private entrepreneurs have a deep feeling of it. Over the past years, private entrepreneurs profoundly feel the importance of credit during the development of China’s private economy and All-China Federation of Industry and Commerce has also been making its efforts. One of our basic requirements for private enterprises is credit, for which we have done a lot of work. We once initiated a great number of private entrepreneurs and jointly issued a Credit Declaration which appeals to all private entrepreneurs to raise awareness of the importance of credit. We have honored the excellent credit enterprises together with related departments. As we know and more and more private entrepreneurs have realized as well that credit is the footstone for market economy, the lifeline of enterprises and the invaluable and invisible assets of enterprises. The economy of the 21st Century is a globalized economy. The globalization of world economy needs credit more than anytime. The international credit of enterprises is the aptitude brand for enterprises in international competition. Our private enterprises will actively participate in this campaign and to win the title with most confidence and courage.
Ladies and gentlemen, honesty and credit are the basic rules of market economy and a task to which our Party and government attach great attention and demand urgently. They are a certificate for Chinese enterprises to go outside and get involved in the globalization of world economy. I believe that private economy, growing up on the land of China, edified by the Chinese culture and run by the Chinese people, is the most eligible to win this title and be granted this certificate, since Chinese private enterprises can be completely trusted and are partners worth cooperating with. The Enterprises International Credit Rating and Promotion will bring a spring of development for Chinese private enterprises.
Wish that our enterprise credit construction and social credit construction be established and completed as early as possible.
Thank you.
(Speech by Mr. Sun Xiaohua, Vice President of All-China Federation of Industry & Commerce, at the press conference)
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