on december 28, 2021, the 2021 china economic summit forum and the 19th annual meeting of chinese economic figures, co-hosted by global times and china association for asian economic development, was grandly held in shanghai. under the theme of "new economy, new landscape, new journey", the forum will discuss such hot topics as building a new system of open economy and high-quality development of china's infrastructure. the forum aims to offer suggestions and suggestions for jointly promoting china's economic development in the new era and advancing common prosperity. in the highly anticipated awarding session, icg was awarded the "2021 practicing common prosperity demonstration state-owned enterprise" award after unanimous evaluation by the expert evaluation committee of the organizing committee. aaron wang, president of icg, was awarded the "2021 enabling high-quality development leading entrepreneur of china's infrastructure construction".
in an interview with the media, aaron wang, president of icg, said that receiving the award from global times is recognition and encouragement for icg's contribution to promoting common prosperity. on the road to achieve common prosperity, icg is committed to the deep cultivation of financial services, through debt investment and equity investment to enable the development of enterprises, fundamentally solve the state-owned enterprises financing difficulties, slow financing, high cost, and make unremitting efforts to promote the high-quality development of china's economy.
as a state-owned joint-stock investment group, icg focuses on investing in listed companies, domestic enterprises directly under the central government, large local state-owned enterprises, and large private or joint-stock enterprises, serving national strategies in rural revitalization, industrial upgrading, and equity investment, according to relevant media reports. at the implementation level, the group accelerates the construction of urban and rural industrial pattern and helps urban and rural enterprises with high growth in strategic emerging industries to finance and rescue. in addition, we jointly set up structured government guidance funds with grass-root state-owned enterprises to solve the problem of borrowing new and paying back old for grass-root state-owned enterprises through the mode of "government urban investment state construction". at the same time, we will combine debt investment and equity investment to guide more private capital investment, help more emerging enterprises to get listed and raise funds, and contribute financial strength to the realization of common prosperity.
icg promotes the coordinated development of urban and rural areas through rural revitalization. during the 14th five-year plan period, the state promoted the formation of the unified factor market in china through the coordinated development of "cities rural towns". the rise of thousands of villages will promote the combined development of urban and rural areas, do a good job in information interaction and operation coordination, actively strive for the national urban-rural integration development fund, and build ecological industrial clusters. icg power of urban and rural development, focusing on mining countries support in the industry has the potential to, valuable urban and rural enterprises, the following countries vigorously promote the development of emerging industries, a guide to the future planning of the industry layout the enterprise, and provides reliable industrial resources, support to encourage innovation, enterprise development scale, realize the optimal development of urban and rural industry. and face the problem of enterprise financing difficulties in start-up period, icg practice bear the responsibility of the state-owned enterprises, acts as a bridge industry financing for enterprises to expand the financing channels, to attract high quality resources, get through the barriers of start-up financing difficulties, to speed up the build more competitive pattern of urban and rural industry, through the joint of cities and towns industry together to promote common prosperity.
icg promotes the dynamic balance of supply and demand through industrial upgrading of grassroots state-owned enterprises. as china enters the stage of high-quality development, the proportion of investment in traditional industries is gradually decreasing, while the proportion of investment in high-tech manufacturing and strategic emerging industries will continue to rise. the main task of economic development will shift to improving quality. for power quality and economic development, crack city enterprise "by the new and the old" dilemma, local state-owned enterprises set up with the icg structured at the grass-roots level government guide fund, thereby giving impetus to the investment of more financial institutions, to achieve the high cost and low cost of funding replacement, finally by the local state-owned enterprises into this fund to promote social high speed development of relevant industries, so that the industry can quickly expand the scale of financing and listing and make greater contributions to the society. this industrial adjustment mode of "government urban investment state construction" guides local grassroots state-owned enterprises to break the existing industrial pattern and transform to high-tech, high-innovation and high-development industries in combination with local industrial advantages. and according to the country with financial policy at present, the icg and relevant government departments to local state-owned enterprises under planning for future industrial structure, realize the adjustment and upgrading of existing industries, to gradually solve the grassroots state-owned enterprises through the financing difficult problem, new and old to promote urban construction investment company through its industrial upgrading access to funds, reduce the government subsidies dependence, cut government debt, realize the new development of its own industrial pattern, and finally complete the listing, obtain more resources, and realize the in-depth development and construction of the industry. icg takes urban investment as the entry point to advocate enterprises to reduce the proportion of low-income industries, increase the distribution of high-income industries, and promote the realization of common prosperity with the industrial upgrading of important state-owned enterprises.
icg guides social capital to promote common prosperity by combining equity and creditor's rights. in recent years, the state has issued many policies to encourage enterprises to go public. the purpose is to encourage more enterprises to go public and finance to promote the faster development of the economy and society, and more investors can share the equity dividend income from the rapid growth of enterprises. icg advantage of resources aggregation of the state-owned enterprise, with the local government level after jointly set up by the carrier and the priority of the government guiding fund power high-growth, high potential enterprise fast development, paid out by the government and the icg substandard level after the subscription funds, funds through the boot priority more social capital investment, ultimately achieve common prosperity for the enterprises and individuals. in politics, gold, enterprise jointly set up by the government to guide funds, capital, industrial resource collection together, form a highly effective, the benign equity investment industry ecosystem, icg's agriculture industry for decades, by investing in town and city government investment company affect the lifeblood of the quality and economic development in our country, which give a new era of industry layout planning of advice and support, in addition, the initiative of the people should be fully mobilized to participate in the social forces supporting innovative industrial clusters, and new enterprises should be encouraged to list on the new third board, growth enterprise board, science and technology innovation board and the beijing stock exchange platform, so as to promote the rapid development of enterprises and promote common prosperity.
common prosperity is the essential requirement of socialism, as well as the historical responsibility of the new era, which requires the participation of various forces. icg calls "common prosperity", have the courage to take responsibility mission in state-owned enterprises, through setting up industry fund, government guiding fund such important for state-owned enterprises, urban construction investment company market main body to provide strong financial support, make enterprise to develop high quality new ecological, has become an important force to realize the great goal of common prosperity.