Since the reform and opening up, the private economy has developed under the guidance of the Party's principles and policies. "The two never hesitations" are important policies of the Party, which are of great practical significance to the establishment and improvement of the socialist market economy and the promotion of high-quality development.There is no period in history as it is today. The Party’s major decisions, the state power and the state system spare no efforts to encourage and protect the private economy, and make the recommendation to the whole society to respect entrepreneurs and promote outstanding entrepreneurship.First of all, the foundation of the private economy lies in the people. Enterprisers' innovation， laborers’ hard work are the strong vitality of the private economy. Secondly, a strong entrepreneurial spirit makes a powerful country. Fully carrying forward the outstanding entrepreneurial spirit is an essential condition for improving the market competitiveness of enterprises, optimizing the industrial structure, and promoting the supply-side structural reform. Thirdly, the private entrepreneurs are penetrated with patriotic feelings. The prosperity of a nation is not only material, but also spiritual.
