CCTV News (News Network): Shandong is a major province in private economy. How can we fully implement the spirit of General Secretary Xi Jinping’s important speech at the private enterprise symposium and create a new situation for the development of the private economy? On March 29, "Authoritative Interview with Promoting the High-Quality Development of the Private Economy" was held by a reporter from the Central Taiwan Taiwan to Lin Wu, Secretary of the Shandong Provincial Party Committee.

Lin Wu said that General Secretary Xi Jinping’s important speech at the private enterprise symposium provides a fundamental guideline for Shandong to do a good job in the private economy.

At present, Shandong continues to work hard on "establishing, breaking and releasing", constantly optimizing the rule of law, policies, market and financial environment, and ensuring that private enterprises participate in market competition fairly. Make great efforts to solve problems such as difficulty and high cost of financing, and guide financial institutions to develop more products and services that meet the financing needs of private enterprises. In 2025, more than 500 billion yuan of new credit will be granted through the Xinyidai platform.

Shandong supports the innovative development of private enterprises and encourages private enterprises to enter more fields in accordance with the law. In 2024, private capital entered the Shandong nuclear power field for the first time, and the proportion of private capital participating in the development of new energy such as wind power and photovoltaics reached 40%. In the next step, Shandong will continue to focus on stimulating the endogenous motivation of private enterprises, enhancing core competitiveness, and taking the path of high-quality development.