During the period when the central government is improving the property rights protection system, fostering a healthy environment for growth of entrepreneurs, and carrying forward the spirit of exceptional entrepreneurship, on January 2, 2018, Mao Zhenhua, the founder of Zhongchengxin Investment Co., Ltd., Dean of Institute of Economic Research of Renmin University of China and Chairman of Sun Mountain Yabuli, released a video condemning the Management Committee of Yabuli Ski Resort in Heilongjiang, which caused a huge stir in China. The video of “Dissing Yabuli” once again triggered a discussion on the business environment of “Investment does not Go Beyond the Shanhanguan Pass” and became a new hot topic at the beginning of the new year 2018. The report of the 19th National Congress clearly proposed to “deepen reform to accelerate the revitalization of old industrial bases in the northeast and other parts of the country”. The revitalization of northeast China relies heavily on the private economy and optimizing the business environment is necessary for the development of the private economy. The combination of “strong government” and “strong market” is a major feature of China’s current economic and social development. in such a context, the priority of optimizing the business environment is to further foster a new type of cordial and clean relationship between government and business. The phenomenon that “Investment does not Go Beyond the Shanhanguan Pass” reflects the fear of the relationship between government and business in northeast China. Besides, a cordial and clean relationship between government and business is also in consistent with “applying a new vision of development and developing a modern economy” proposed in the report of the 19th CPC National Congress. This week, Professor Liu Zhibiao, Dean of Yangtze IDEI, held discussions with relevant experts and scholars on the topic “Views on the Relationship Between Government and Business from the Mao Zhenghua Incident”.
