The recently held Central Economic Work Conference stressed that we should focus on developing the real economy and rely on innovation to cultivate and strengthen new drivers of development.
At present, the development situation of the private economy is generally good, but it should also be noted that since the COVID-19, various market entities have faced greater operational difficulties. However, such short-term difficulties will not change the general trend of long-term development. Some private enterprises actively take advantage of this opportunity to vigorously carry out intelligent and digital transformation and equipment upgrading, and actively turning into enterprises that use special and sophisticated technologies. The government is also actively creating conditions for the innovative development of private enterprises, especially in reducing the burden of enterprises. Of course, promoting the innovation and development of private enterprises is a systematic project. In addition to tax reduction and fee reduction, we can also start from the following aspects:
First, promote the overall improvement of innovation capability around chain development.
Second, accelerate the pace of digital development and seize the opportunity of intelligent manufacturing transformation.
Third, promote the gathering of production factors to private enterprises.
Fourth, build a more complete technical service system.
Fifth, improve the normalization mechanism for serving private enterprises.


