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 enterprises to increase R&D investment, encourage them to achieve independent control in key core technologies, and lay a solid foundation for new quality productivity. In addition, it is necessary to promote the digital transformation of private enterprises, realize the integration of digital economy and real economy, optimize production processes, improve management efficiency, and promote the digital upgrade of industrial chain and supply chain through technologies such as big data and artificial intelligence, so as to expand the space of new quality productivity.

Going out to sea, from product output to ecological co-construction, private enterprises have entered a new stage of international competition. Under the guidance of the "Belt and Road" initiative, more and more private enterprises have gone abroad. Among the "new three" with strong exports, private enterprises contribute more than half. Among the world's top 500 companies, the number of private enterprises has increased from 28 in 2018 to 34. Whether it is the overseas layout of the manufacturing industry,

Whether it is the cross-border expansion of the service industry, private enterprises have demonstrated strong competitiveness. By participating in international competition, private enterprises can not only improve their own technical level and management capabilities, but also contribute to the development of national economic globalization. However, going overseas also faces many challenges. From cultural differences to policy barriers, from market risks to legal disputes, private enterprises need to continue to learn and adapt on the road to internationalization. In this regard, the government should strengthen relevant policy guidance and support to help private enterprises better cope with the uncertainties in international competition.

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Cultural Observation: Domestic games “break the circle” and help spread traditional culture

With the continuous development of China's game industry, domestic games have not only achieved great success in the domestic market, but also won widespread attention and praise internationally by incorporating rich traditional Chinese cultural elements.

Domestic games cleverly combine traditional cultural elements with modern game design. Traditional music, poetry, ink painting, martial arts, etc. are integrated into the game. This not only enriches the cultural connotation of the game, but also allows players around the world to enjoy the fun of the game and feel the breadth and depth of Chinese culture. According to statistics, in the past five years, the number of games containing traditional Chinese cultural elements has nearly tripled. A certain domestic game based on ancient mythology has attracted more than 50 million players worldwide.

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The development prospects of the private economy are broad and promising. It is the right time for private enterprises and private entrepreneurs to show their talents.

Ren Zhengfei, CEO of Huawei Technologies Co., Ltd., Wang Chuanfu, chairman of BYD Co., Ltd., Liu Yonghao, chairman of New Hope Holding Group Co., Ltd., Yu Renrong, chairman of Shanghai Weir Semiconductor Co., Ltd., Wang Xingxing, CEO of Hangzhou Yushu Technology Co., Ltd., Lei Jun, chairman of Xiaomi Technology Co., Ltd., and other six private enterprise representatives spoke successively, providing opinions and suggestions on promoting the development of the private economy under the new situation.

Private enterprises have flourished along with the great process of reform and opening up. Since the reform and opening up, my country's private economy has grown from small to large, from weak to strong, and has continued to grow and play an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood. Our country's economic development can create the Chinese miracle, and the private economy plays an indispensable role. Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has attached great importance to the development of private enterprises and private economy.

A series of important expositions and important deployments were made on the healthy development and high-quality development of the private economy, pointing out the direction and injecting strong impetus for doing a good job in the private economy and promoting the development and growth of the private economy. After long-term development, the private economy has become a new force in promoting Chinese-style modernization, an indispensable and important foundation for high-quality development, and an irreplaceable and important force in promoting my country to comprehensively build a modern socialist country and achieve the second centenary goal.

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People’s livelihood protection is solid and powerful

2024 is a critical year for achieving the goals and tasks of the 14th Five-Year Plan. It is also a very unusual and extraordinary year in China’s economic development process. China's economy is riding the wind and waves and moving forward steadily along the track of high-quality development. The "stable" trend has been consolidated and continued, the pace of "advance" is solid and powerful, and the "new" momentum has gradually grown.

Residents' income has grown steadily. Stable economic performance and stable employment situation have driven residents' income to continue to increase. In 2024, the per capita disposable income of residents nationwide will be 41,314 yuan. The actual growth rate is in line with economic growth. Among them, per capita wage income and net operating income have nominal growth of 5.8% and 5.6% respectively, which are the main support for the increase in residents' income. The income of rural residents continues to grow faster than that of urban residents, and the relative income gap between urban and rural residents narrows. The ratio of per capita disposable income will drop from 2.39 in 2023 to 2.34 in 2024.

[nhjnbdfsfws]

Cultural Observation: Domestic games “break the circle” and help spread traditional culture

With the continuous development of China's game industry, domestic games have not only achieved great success in the domestic market, but also won widespread attention and praise internationally by incorporating rich traditional Chinese cultural elements.

Domestic games cleverly combine traditional cultural elements with modern game design. Traditional music, poetry, ink painting, martial arts, etc. are integrated into the game. This not only enriches the cultural connotation of the game, but also allows players around the world to enjoy the fun of the game and feel the breadth and depth of Chinese culture. According to statistics, in the past five years, the number of games containing traditional Chinese cultural elements has nearly tripled. A certain domestic game based on ancient mythology has attracted more than 50 million players worldwide.

[nhjnbdfsfws]

The development prospects of the private economy are broad and promising. It is the right time for private enterprises and private entrepreneurs to show their talents.

Ren Zhengfei, CEO of Huawei Technologies Co., Ltd., Wang Chuanfu, chairman of BYD Co., Ltd., Liu Yonghao, chairman of New Hope Holding Group Co., Ltd., Yu Renrong, chairman of Shanghai Weir Semiconductor Co., Ltd., Wang Xingxing, CEO of Hangzhou Yushu Technology Co., Ltd., Lei Jun, chairman of Xiaomi Technology Co., Ltd., and other six private enterprise representatives spoke successively, providing opinions and suggestions on promoting the development of the private economy under the new situation.

Private enterprises have flourished along with the great process of reform and opening up. Since the reform and opening up, my country's private economy has grown from small to large, from weak to strong, and has continued to grow and play an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood. Our country's economic development can create the Chinese miracle, and the private economy plays an indispensable role. Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has attached great importance to the development of private enterprises and private economy.

A series of important expositions and important deployments were made on the healthy development and high-quality development of the private economy, pointing out the direction and injecting strong impetus for doing a good job in the private economy and promoting the development and growth of the private economy. After long-term development, the private economy has become a new force in promoting Chinese-style modernization, an indispensable and important foundation for high-quality development, and an irreplaceable and important force in promoting my country to comprehensively build a modern socialist country and achieve the second centenary goal.

[nhjnbdfsfws]

The development prospects of the private economy are broad and promising. It is the right time for private enterprises and private entrepreneurs to show their talents.

Ren Zhengfei, CEO of Huawei Technologies Co., Ltd., Wang Chuanfu, chairman of BYD Co., Ltd., Liu Yonghao, chairman of New Hope Holding Group Co., Ltd., Yu Renrong, chairman of Shanghai Weir Semiconductor Co., Ltd., Wang Xingxing, CEO of Hangzhou Yushu Technology Co., Ltd., Lei Jun, chairman of Xiaomi Technology Co., Ltd., and other six private enterprise representatives spoke successively, providing opinions and suggestions on promoting the development of the private economy under the new situation.

Private enterprises have flourished along with the great process of reform and opening up. Since the reform and opening up, my country's private economy has grown from small to large, from weak to strong, and has continued to grow and play an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood. Our country's economic development can create the Chinese miracle, and the private economy plays an indispensable role. Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has attached great importance to the development of private enterprises and private economy.

A series of important expositions and important deployments were made on the healthy development and high-quality development of the private economy, pointing out the direction and injecting strong impetus for doing a good job in the private economy and promoting the development and growth of the private economy. After long-term development, the private economy has become a new force in promoting Chinese-style modernization, an indispensable and important foundation for high-quality development, and an irreplaceable and important force in promoting my country to comprehensively build a modern socialist country and achieve the second centenary goal.

[nhjnbdfsfws]

Cultural Observation: Domestic games “break the circle” and help spread traditional culture

With the continuous development of China's game industry, domestic games have not only achieved great success in the domestic market, but also won widespread attention and praise internationally by incorporating rich traditional Chinese cultural elements.

Domestic games cleverly combine traditional cultural elements with modern game design. Traditional music, poetry, ink painting, martial arts, etc. are integrated into the game. This not only enriches the cultural connotation of the game, but also allows players around the world to enjoy the fun of the game and feel the breadth and depth of Chinese culture. According to statistics, in the past five years, the number of games containing traditional Chinese cultural elements has nearly tripled. A certain domestic game based on ancient mythology has attracted more than 50 million players worldwide.

[nhjnbdfsfws]

People’s livelihood protection is solid and powerful

2024 is a critical year for achieving the goals and tasks of the 14th Five-Year Plan. It is also a very unusual and extraordinary year in China’s economic development process. China's economy is riding the wind and waves and moving forward steadily along the track of high-quality development. The "stable" trend has been consolidated and continued, the pace of "advance" is solid and powerful, and the "new" momentum has gradually grown.

Residents' income has grown steadily. Stable economic performance and stable employment situation have driven residents' income to continue to increase. In 2024, the per capita disposable income of residents nationwide will be 41,314 yuan. The actual growth rate is in line with economic growth. Among them, per capita wage income and net operating income have nominal growth of 5.8% and 5.6% respectively, which are the main support for the increase in residents' income. The income of rural residents continues to grow faster than that of urban residents, and the relative income gap between urban and rural residents narrows. The ratio of per capita disposable income will drop from 2.39 in 2023 to 2.34 in 2024.

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People’s livelihood protection is solid and powerful—China Economic Observation in 2024

Chinese-style modernization puts people’s livelihood first.

General Secretary Xi Jinping profoundly pointed out: "We must effectively protect and improve people's livelihood, do our best and within our capabilities, do more practical things that satisfy public opinion, benefit people's livelihood, and warm people's hearts, and solidly solve the urgent, difficult and anxious problems of the people."

The "Decision" of the Third Plenary Session of the 20th Central Committee of the Communist Party of China stated that ensuring and improving people's livelihood during development is a major task of Chinese-style modernization. We must persist in doing our best and within our capabilities, improve the basic public service system, strengthen the universal, basic and comprehensive people's livelihood construction, solve the most direct and practical interest issues that the people are most concerned about, and constantly satisfy the people's yearning for a better life.

The Political Bureau meeting of the CPC Central Committee held on December 9 proposed that efforts should be made to increase the protection and improvement of people's livelihood and enhance the people's sense of gain, happiness and security. In 2024, all regions and departments will adhere to the people-centered approach, promote reforms that continuously comply with people's expectations and meet the needs of the masses, take more warm and effective measures, promote high-quality and full employment, improve the social security system, improve the supply of public services, ensure, ensure and secure the bottom line of people's livelihood, and continuously enhance the people's sense of gain, happiness and security.

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People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

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People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

[nhjnbdfsfws]

People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

[nhjnbdfsfws]

People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

[nhjnbdfsfws]

People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

[nhjnbdfsfws]

People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.

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People's Daily commentator: With firm confidence, the private economy has broad prospects for development and great potential - On studying and implementing General Secretary Xi Jinping's important speech at the symposium on private enterprises

"In the new era and new journey, the development prospects of the private economy are broad and promising." At a symposium on private enterprises held recently, General Secretary Xi Jinping made an in-depth analysis of the opportunities and challenges currently facing the development of the private economy from the perspective of the overall situation of China's modernization construction, and deeply encouraged private enterprises and private entrepreneurs to "see the future, the light and the future in the face of difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of hard work and winning."

The private economy is an important part of the national economy. Supporting the development of the private economy is a consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy. Since the 18th National Congress of the Communist Party of my country, one of the important aspects of the rapid progress of China's private economy is that it has always adhered to the "two unshakable" principles, ensuring that all types of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law, creating good conditions and opening up broad space for the development and growth of the private economy. At present, China's modernization construction has unfolded a magnificent picture and presented an extremely bright prospect. my country's private economy can only grow, not weaken. We have the confidence and ability to maintain sustained and healthy economic development and promote the high-quality development of the private economy to a new level.

Looking at the development foundation, my country's private economy has now formed a considerable scale and occupies a heavy weight, and there is a solid foundation for promoting the high-quality development of the private economy. In terms of scale and quantity, the number of registered private enterprises nationwide exceeds 55 million, and private enterprises account for more than 92% of the total number of enterprises. In terms of innovation capabilities, the private economy has contributed more than 70% of technological innovation results and has become an important subject of scientific and technological innovation in my country. From the domestic AI large model empowering the industrial chain to the humanoid robot stunning the world, it all proves that the scale, strength, innovation level and market competitiveness of the private economy have been greatly improved. As a new force in promoting Chinese-style modernization, private enterprises will surely play their strengths and prepare to set sail in achieving high-level scientific and technological self-reliance and promoting high-quality development.

Looking at the development stage, the development of my country's private economy is welcoming new opportunities and greater development space. Take the super-large market with a population of more than 1.4 billion as an example. With the implementation of the "two new" policies, "potential consumption" and "effective investment" will be further stimulated, driving the rapid growth of machinery and equipment, new energy vehicles, home appliances, retail and other industries. In the new era and new journey, my country's social productivity will continue to leap, people's living standards will steadily improve, and reform and opening up will be further deepened in an all-round way. These all contain huge development potential. By making full use of the advantages of a large number of talents and labor resources with excellent quality, and a complete supporting industrial system and infrastructure system, and seizing the opportunities of industrial and consumption upgrades, the private economy will be able to move towards a broader world.

Looking at development guarantees, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy" issued in 2023 covers aspects such as continuing to optimize the development environment of the private economy, increasing policy support for the private economy, and strengthening legal protection for the development of the private economy. Since last year, various reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China are being implemented, from improving the long-term mechanism for private enterprises to participate in the construction of major national projects, improving financing support policies and systems for private enterprises, standardizing enterprise-related administrative inspections, and accelerating the legislative process of the Private Economy Promotion Law. The socialist system with Chinese characteristics has significant advantages in many aspects. The continuous improvement and improvement of the socialist market economic system and the socialist legal system with Chinese characteristics will provide a stronger guarantee for the development of the private economy.