Private economy is an important part of the national economy, a new force to promote Chinese path to modernization, and an important foundation for high-quality development. On February 17th, General Secretary Xi Jinping delivered an important speech at the private enterprise symposium, pointing out that solidly implementing policies and measures to promote the development of the private economy is the current work focus. This has pointed out the direction for doing the work well in the private economy. At present, the private economy is facing both opportunities of the times and problems such as poor prosperity, declining efficiency, and insufficient investment motivation. It urgently needs comprehensive measures to stimulate development vitality and stabilize expectations.
General Secretary Xi Jinping emphasized that some of the difficulties and challenges currently faced by the development of the private economy are generally arising from the process of reform, development, as well as industrial transformation and upgrading. They are local rather than global, temporary rather than long-term, and overcomable rather than unsolvable. We need to implement the spirits of General Secretary Xi Jinping's important speech into concrete actions, tackle the difficulties faced by the private economy through policy implementation, create a favorable environment for private enterprises and entrepreneurs to showcase their talents, and make greater contributions to Chinese-style modernization.
