Abstract On the 23rd of July, Premier Li Keqiang presided over the State Council executive meeting, deployed multiple measures to ease the high cost of corporate finance, and reviewed and approved the “Interim Regulations on Enterprise Information Disclosure (Draft)†to promote the construction of a fair competitive market environment. The meeting pointed out that the enterprise is...
On July 23, Premier Li Keqiang presided over the State Council executive meeting, deployed multiple measures to ease the high cost of corporate finance, reviewed and approved the "Interim Regulations on Enterprise Information Disclosure (Draft)", and promoted the construction of a level playing field.
The meeting pointed out that enterprises are the basic cells of economic activities. At present, the total amount of money and credit in China is not small, but the structural problems of enterprises, especially small and micro enterprises, which are not easy to finance and costly are still outstanding, which not only aggravate the burden of enterprises, affect the effects of macroeconomic regulation, but also bring hidden risks to financial risks. Effectively alleviating this problem can not only provide enterprises with “oxygen supply and blood supplyâ€, but also promote the current stable growth, and form a positive interaction between finance and the real economy, so that the economy can be consolidated and stabilized. In accordance with the requirements of directional regulation, we should take measures to tackle both the symptoms and the root causes, promote structural reforms and adjustments, deepen financial system reform, strengthen financial services and supervision, and provide financial support for strengthening the real economy, expanding employment, and improving people's livelihood.
The meeting confirmed that it is necessary to continue to adhere to a prudent monetary policy, maintain a reasonable growth in the total amount of credit, and focus on adjusting the structure to optimize credit investment. We will increase support for agriculture, support small loans, and rediscount, and improve the ability of financial services for small and micro enterprises, “three rural†and support services, energy conservation and environmental protection, and major people's livelihood projects. Second, we must curb the irrational rise in the cost of financing for financial institutions, curb disguised high-interests and maintain a good financial market order. Third, we must shorten the corporate financing chain, clean up unnecessary links, and rectify the price increase behavior. In principle, the use of wealth management products should be directly linked to the real economy. Fourth, it is necessary to clean up and unreasonably charge unreasonable charges, and the charges for direct connection with loans and no substantive service contents will be cancelled. Standardize guarantees, assessments, registrations, etc. It is strictly forbidden to "transfer with loans" and "linked to deposits and loans". Fifth, we must optimize the loan management of small and micro enterprises in commercial banks, adopt the method of early approval for renewal of loans, and establish revolving loans to improve the efficiency of loan approval and issuance. Differentiated regulatory requirements for small and micro enterprise loans. Sixth, we must actively and steadily develop small and medium-sized financial institutions that are oriented to small and micro enterprises and “agriculture, rural areas and farmersâ€, and accelerate the promotion of qualified private capital to set up financial institutions such as small and medium-sized banks to promote market competition and increase financial supply. Seventh, we must vigorously develop direct financing, develop multi-level capital markets, support small and medium-sized enterprises to rely on the SMEs share transfer system to carry out financing, and expand SME debt financing tools and scale. Eighth, we must improve the evaluation and evaluation index system of commercial banks, and guide commercial banks to correct the behavior of simply chasing profits and expanding the scale of assets. Nine should vigorously develop insurance products that support small and micro enterprises and obtain credit services, and carry out "insurance + credit" cooperation. Actively develop government-backed guarantee institutions and expand the scale of small and micro enterprise guarantee business. Ten must promote the reform of interest rate marketization in an orderly manner, give full play to the role of financial institutions' interest rate pricing self-discipline mechanism, enhance financial hard constraints, and improve independent pricing power. Comprehensively consider China's macro-microeconomic and financial situation, and improve the formation and transmission mechanism of market interest rates. The meeting requested that all relevant departments should promptly formulate and implement supporting measures, regularly supervise and inspect, and introduce third-party assessments to ensure that policies are implemented as soon as possible and effective results are seen.
The meeting pointed out that while promoting the reform of the industrial and commercial registration system, abolishing the enterprise annual inspection system, and vigorously canceling the prior approval, the implementation of the enterprise information disclosure system will be shifted from relying mainly on administrative examination and approval to enterprises, and relying more on establishing a transparent and honest market order to regulate enterprises. It is an important reform measure for innovating the government's post-event supervision, which is conducive to further transforming government functions, promoting decentralization, decentralization, and management, creating a fair and competitive market environment, and making "credit" the "foundation" of the socialist market economy system. The meeting reviewed and approved the "Interim Regulations on Enterprise Information Disclosure (Draft)", established an annual report publicity system that reflects the basic business conditions of enterprises, and requested the immediate release of credit information such as shareholder contributions and equity changes, and relevant departments should conduct spot checks on public information. Establish a list of abnormal business enterprises and a list of serious illegal enterprises, adopt credit restraint measures for enterprises that do not publicize or conceal conditions and falsify on time, and restrict or prohibit them in government procurement, project bidding, and state-owned land transfer. Establish an inter-departmental interconnection and sharing information platform, and use big data and other means to improve the level of supervision. The law of non-compliance and dishonesty is widely advertised, making illegal enterprises a violation of regulations and restrictions everywhere; for the honest and trustworthy enterprise tree "golden signboard", so that honest enterprises continue to grow and expand in fair competition.
A flange can also be a plate or ring to form
a rim at the end of a pipe when fastened to the pipe. A blind flange is a plate
for covering or closing the end of a pipe. A flange joint is a connection of
pipes, where the connecting pieces have flanges by which the parts are bolted
together.
Although the word flange generally refers to
the actual raised rim or lip of a fitting, many flanged plumbing fittings are
themselves known as 'flanges':
There are many
different flange standards to be found worldwide. To allow easy functionality
and interchangeability, these are designed to have standardised dimensions.
Common world standards include ASA/ASME (USA), PN/DIN (European), BS10
(British/Australian), and JIS/KS (Japanese/Korean). In the USA, ANSI stopped
publishing B16.5 in 1996, and the standard is ASME B16.5
Stainless Steel Flange
Stainless Steel Flange,Machining Stainless Steel Flange, Stainless Steel Pipe Fitting Flange,Galvanized Stainless Steel Flange
Yixing Steel Pole International Trading Co., Ltd , https://www.yx-steelpole.com