The 2025 National People's Congress and the Chinese People's Political Consultative Conference successfully concluded and a new journey began. Among the many delegates and deputies of the Two Sessions interviewed by the reporter, many entrepreneurs from the private economy field were present. Some of them continue to grow bigger and stronger and become industry leaders; some seize new opportunities and make their mark on the new track. When talking about the development prospects of the private economy, they are full of confidence.
The private economy is an important part of the national economy. Supporting the development of the private economy is the consistent policy of the Party Central Committee, and promoting the development and growth of the private economy is a long-term strategy.
Recently, Chen Xi, an associate researcher at the Macroeconomic Research Institute of the National Development and Reform Commission, said in a guest on the "China Economic Micro-Observation·Expert Talk" column that with the implementation of a series of policy measures such as the 2024 Private Economy Promotion Law, the inter-ministerial joint meeting system for promoting the development and growth of the private economy, the normalized communication and problem-solving mechanism of multi-level government-enterprise development, and the comprehensive service platform for private economy development, the vitality of the private economy has been stimulated, the development achievements are particularly impressive, and the development role is more prominent.
Chen Xi said that in terms of scale, the number of private enterprises has increased by more than 4 times in more than 10 years, accounting for 92% of the total number of enterprises in my country. From the perspective of foreign trade, the import and export volume of private enterprises accounts for more than 50% of the total import and export volume of the country. Among the "new three" of strong exports, private enterprises also contributed more than half. Chen Xi introduced that its role in promoting industrial transformation and upgrading is specifically reflected in the following aspects: First, private enterprises have become an important subject of scientific and technological innovation. It contributes more than 50% of R&D investment and personnel, more than 70% of technological innovation achievements, covering more than 92% of national high-tech enterprises. Since 2019, the proportion of newly established private enterprises in various high-tech industries has exceeded 90%.
Secondly, the private economy has effectively promoted the innovative development of traditional industries. Private enterprises adhere to their main business and strengthen their industries, deepen their efforts in traditional industries such as chemical industry, textiles, machinery, and food manufacturing, strengthen independent innovation, and achieve high-end, intelligent and green development from traditional models.
Third is that the private economy is an important force in the development of high-tech industries. Recently, private enterprises have been making progress in emerging and future industries such as artificial intelligence, biomedicine, and robots, and have continuously made technological breakthroughs in the new track, and have increasingly played an important role in scientific and technological self-reliance and self-improvement and safety and controllability of the industrial chain and supply chain.
Looking at the development stage, my country's private economy is ushering in new opportunities and greater development space. Looking to the future, Chen Xi believes that in order to promote the healthy and high-quality development of the private economy, it is necessary to implement various policies and measures in a solid manner, and strive to strengthen guarantees, improve the environment, solve problems, and improve confidence, including: 1. Strengthen legal guarantees. Promote the issuance of the Private Economy Promotion Law, standardize enterprise-related supervision and law enforcement, "no trouble" for private enterprises, safeguard the legitimate rights and interests of private enterprises and private entrepreneurs, enhance their confidence in development, and stimulate their economic vitality.
The second is to improve policies and optimize the environment. Further break the market entry threshold for private enterprises, promote fair opening up in areas of infrastructure competition, support them to participate in the construction of the "two-fold" and "two-new" work, improve financing support policies and systems, and solve the problems of difficulty, high financing costs and arrears of accounts.
The third is to improve the working mechanism. Continue to improve the normalized communication and problem-solving mechanism of multi-level government-enterprise, make good use of the comprehensive service platform, widely listen to corporate opinions and demands, and promote the resolution of enterprises' urgent, difficult, and major common problems.
The fourth is to enhance the momentum of innovation. Further open up major national scientific research infrastructure to private enterprises, support private enterprises to participate in major scientific and technological projects, promote the digital transformation of small and medium-sized enterprises, support specialized, specialized, and new small and medium-sized enterprises, cultivate "little giant" enterprises, and promote the innovative development of the private economy through the deep integration of scientific and technological innovation and industrial innovation, and improve the quality and efficiency of enterprises and core competitiveness.
