features and cultivate more world-class enterprises. The initiative to deepen and upgrade SOE reform will be advanced to see that SOEs improve their core business, enhance their core functions, and increase their core competitiveness. We will establish a system to provide guidance on improving the layout and adjusting structure of the state-owned sector.
We will fully implement the guidelines and their supporting measures on promoting the development of the private sector and further address prominent problems concerning market access, access to factors of production, impartial law enforcement, and protection of rights and interests.
The share of loans to private businesses will be increased, and the scale of financing for private businesses raised through bond issuance will be expanded. We will provide more assistance and support to self-employed individuals on a category-by-category basis.
We will take steps to reduce logistic costs, improve the long-term mechanism for preventing and settling overdue payments owed to private businesses, and take resolute action to crack down on the imposition of arbitrary charges, fines, and quotas. We will encourage entrepreneurship and support entrepreneurs in focusing on innovative development, seizing the initiative to make bold explorations and invest in new operations, and leading their companies to greater success.
We will move faster to build a unified national market.
We will formulate guidance on standards for the development of a national unified market, with a focus on the establishment of unified rules and institutions covering areas such as property rights protection, market access, fair competition, and social credit. Comprehensive reform trials for the market-based allocation of production factors will be advanced. We will issue administrative regulations for fair competition review and improve regulatory rules covering key areas, emerging fields, and foreign-related domains.
We will take targeted steps to address prominent problems, such as local protection, market segmentation, and unfair competition in attracting foreign investment, and step up regulation over public bidding. We will conduct law-based regulation, strictly perform our regulatory functions, and make regulation more targeted and more effective to ensure fair market competition.
We will advance fiscal, taxation, and financial reforms.
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