On September 1, the state council executive meeting decided to set up a total size of 60 billion yuan of country small and medium-sized enterprise development fund. Prime minister li keqiang stressed that must be in accordance with the principle of market-oriented operation fund, give full play to the leverage of central funds and the multiplier effect, leverage more large-scale investment in social capital, "to expand employment, promote the entrepreneurship and innovation, to enhance development momentum, is of great significance."

Li: funds become management departments of avoid by all means "purse"

The author FuXu

"This is not to money. Which department, which departments to make national small and medium enterprise development fund a market-oriented operation of fund, avoid by all means become the management departments' purse!" On September 1, the state council executive meeting, prime minister li keqiang solemnly warn.

On the day of the meeting decided to set up the national small and medium-sized enterprise development fund, the government and the market hand in hand to enhance business innovation power. Authorities said in the report, the fund will be set up the council, is responsible for the approval of fund, policy direction and supervision of fund investment, the fund performance evalsuation, adjust the unqualified the fund management organ. Li keqiang, clear requirements, after the fund must clear architecture, mechanism innovation, real use good, use the capital in place.

"Must be clear, the fund council is only a framework management oversight by the government, as to the process of fund operation, fully in accordance with the principle of commercial operation, should follow the established statutes, regulations, guarantee in return, give full play to the role of the market and the strength." The prime minister said.

He stressed that the country small and medium-sized enterprise development fund, which is by no means among departments, which departments "purse". Related departments should earnestly take responsibility, "you win is not only the 'rights',' accountability '.