The important speech delivered by General Secretary Xi Jinping at the meeting on private enterprise on November 1st, 2018 is the heart booster for private enterprises to boost their confidence and stimulate their vitality in the crucial period of building a well-off society in an all-round way. It is of great significance to understand the spirits of the speech, adapt to the new situation, overcome difficulties together, and promote the new journey of the private economy towards modernization. As for the realization of the "Chinese dream", it’s also important to build China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful.General Secretary Xi Jinping's speech at the meeting on private enterprise deeply analyzed the various causes of "the iceberg of market, the mountain of financing, the volcano of transformation", and determined the direction of the private economy in the critical period of development. On our new journey to modernization, we need to deal with the "three big mountains" of the private economy with precise institutions.To stimulate the vitality of private economy, the evolution of cultural accumulation is also needed to provide reasonable moral support for economic behaviors and institutional arrangements. And, we should overcome difficulties, cope with risks, maintain the order of reform and seek for long-term development, so as to obtain lasting spiritual power.
