20 15 what is the state's policy on capital operation?

Sixteen-character policy: allow existence, restrict development, strictly manage, and hide our strength and bide our time;

Twelve-character policy of capital operation management: macro-control, micro-guidance and reasonable layout;

The eight-character policy of capital operation supervision: positive compression and lateral support;

Twenty-four-word criteria for capital operation management services in experimental areas: only support, no publicity; Only serve, not participate; Only oppose falsehood and don't let it drift; Only maintain, do not express your position.

The second capital operation elite forum held in Beijing from April 16, 2006 to April 19, 2009 defined capital operation as private partnership and private placement economy, which provided legal protection and made qualitative analysis in theory. In the future, the news media can no longer report pyramid schemes.