On the morning of February 17th, a highly anticipated symposium was held in Beijing. General Secretary Xi Jinping attended a symposium on private enterprises and delivered an important speech.
This is the second time since the 18th National Congress of the Communist Party of China that General Secretary Xi Jinping has delivered an important speech at a symposium on private enterprises. What is the General Secretary’s analysis and judgment on the development of the private economy in the new era and new journey, and what important deployments has he made? Political News Eye “interprets for you.
What is the significance of holding this symposium again?
Supporting the development of private economy is a consistent policy of the Central Committee of the Communist Party of China and a major issue valued by the General Secretary. He once said, “I have always supported private enterprises and have worked in places where the private economy is relatively developed
In March 2016, General Secretary Xi Jinping visited members of the Democratic Alliance for the Betterment and Progress of China and the Federation of Industry and Commerce who attended the National Committee of the Chinese People’s Political Consultative Conference, clarifying the policies and guidelines of the Party and the state towards the private economy, and proposing to build a pro clean government business relationship.
In November 2018, also in the East Hall of the Great Hall of the People, General Secretary personally proposed and presided over a symposium on private enterprises. He said clearly at the beginning, “The purpose of holding this meeting today is to brainstorm, strengthen confidence, work together, and maintain and enhance the good momentum of the development of China’s private economy
The report of the 20th National Congress of the Communist Party of China clearly proposed to promote the development and growth of the private economy. At the Central Economic Work Conference that year, General Secretary Xi Jinping explicitly stated, “This is a long-term strategy, not a stopgap measure
In March 2023, General Secretary Xi Jinping once again visited members of the Democratic Alliance for the Betterment and Progress of China and the Federation of Industry and Commerce who attended the National Committee of the Chinese People’s Political Consultative Conference, emphasizing the need to correctly guide the healthy and high-quality development of the private economy. More than a month later, General Secretary presided over the first meeting of the 20th Central Committee for Deepening Reform and deliberated and passed the “Opinions on Promoting the Development and Growth of the Private Economy”.
Last July, the Third Plenum of the 20th Central Committee of the Communist Party of China explicitly proposed the formulation of a law to promote the private economy.
This year marks the end of the 14th Five Year Plan and an important year for further comprehensive deepening of reforms. The current economic operation is facing some new situations, and the development of the private economy is also facing some difficulties and challenges.
The Spring Festival of the Year of the Snake has just passed, and the General Secretary once again attended a symposium on private enterprises and delivered an important speech. This is a high-level meeting held at an important time point, receiving high attention both domestically and internationally.
At the symposium, six representatives of private enterprise leaders spoke successively, putting forward opinions and suggestions on promoting the development of the private economy under the new situation. Current News Eye noted that the speaking representatives cover three generations from the “post-40s” to the “post-90s”, including the elderly, middle-aged, and young. The companies they work for come from different industries and fields, with distinct labels of “technology” and “innovation”.
How to grasp the 02 policy guidelines?
General Secretary Xi Jinping once said that China’s economic development can create a Chinese miracle, and the contribution of the private economy is indispensable. At this symposium, General Secretary once again fully affirmed the significant achievements made in the development of the private economy and its important contributions to the country’s economic and social development.
In the new era and new journey, to promote the development and growth of the private economy, it is necessary to guide private enterprises and entrepreneurs to correctly understand the policies and guidelines of the Central Committee of the Communist Party of China, enhance confidence, take the initiative lightly, and boldly develop.
Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has repeatedly emphasized that the Party Central Committee has always adhered to the “two unwavering” and “three unchanged” principles, and has always regarded private enterprises and entrepreneurs as its own people.
Through the lens of extended time, from the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, where our party broke free from traditional concepts on ownership issues and opened the door to the development of the non-public sector economy, to the 20th National Congress of the Communist Party of China’s clear proposal to “promote the development and growth of the private economy,” we can clearly feel the “continuity and keeping pace with the times” of the party and state’s policies and guidelines.
Through the two private enterprise symposiums held in 2018 and this year, we can also feel this distinct internal logic.
At the 2018 Private Enterprise Symposium, General Secretary Xi Jinping pointed out that China’s basic economic system has been written into the Constitution and Party Constitution, which will not change and cannot be changed. Any words or actions that negate, doubt, or shake the basic economic system of our country are not in line with the policies and guidelines of the Party and the state. Do not listen or believe them! All private enterprises and entrepreneurs can take the pill of reassurance and seek development with peace of mind
At this year’s symposium, General Secretary once again emphasized that the basic principles and policies of the Party and the state for the development of the private economy have been incorporated into the socialist system with Chinese characteristics, and will be consistently adhered to and implemented, without change or alteration.
At the 2018 symposium, General Secretary Xi Jinping pointed out that China’s private economy can only grow and cannot weaken. Not only can it not “leave”, but it must also move towards a broader stage.
At this year’s symposium, General Secretary emphasized that the development prospects of the private economy in the new era and new journey are broad and promising, and it is timely for private enterprises and entrepreneurs to show their talents.
How to recognize the opportunities and challenges of 03?
In the face of complex situations, General Secretary Xi Jinping has repeatedly emphasized the need to cultivate new opportunities in crises and open up new opportunities in changing situations. At the symposium on February 17th, General Secretary Xi Jinping profoundly expounded on the opportunities and challenges facing the current development of China’s private economy.
Let’s take a look at the opportunities first. General Secretary pointed out that China’s private economy has now formed a considerable scale and occupies a significant weight, providing a solid foundation for promoting high-quality development of the private economy.
General Secretary deeply analyzed the “favorable conditions” facing the development of China’s private economy: China’s social productivity will continue to rise, people’s living standards will steadily improve, reform and opening up will be further comprehensively deepened, “bringing many new opportunities and providing greater development space for the development of the private economy”.
General Secretary also pointed out that the socialist system with Chinese characteristics has significant advantages in multiple aspects. The socialist market economy system and the socialist rule of law system with Chinese characteristics are constantly improving and perfecting, which will provide stronger guarantees for the development of the private economy.
Let’s take a look at the challenge again.
At the 2018 symposium, General Secretary Xi Jinping talked about the difficulties faced by the private economy: “These difficulties are difficulties in development, problems in progress, and troubles in growth, which can definitely be solved in development
At the symposium on the 17th, General Secretary Xi Jinping deeply analyzed the difficulties and challenges facing the current development of the private economy: “Overall, they have emerged in the process of reform and development, industrial transformation and upgrading, are partial rather than overall, temporary rather than long-term, and can be overcome rather than unsolvable
General Secretary pointed out that we should “see the future, see the light, and see the future in difficulties and challenges, maintain development determination, enhance development confidence, and maintain the spirit of loving to fight and win”.
In March 2016, in the face of members from the Democratic Alliance for the Betterment and Progress of China and the Federation of Industry and Commerce attending the National Committee of the Chinese People’s Political Consultative Conference, General Secretary Xi Jinping pointed out that the majority of non-public sector economic personnel should accurately grasp the overall trend of China’s economic development and boost their confidence in development. He said, “Confidence is very important. There may be fluctuations in the development of our country for a while, but in the long run, it is still a great trend
In the face of difficulties and challenges, we must recognize favorable conditions and enhance our confidence in the success of China’s economic development. As General Secretary Xi Jinping has said, maintaining composure, enhancing confidence, and concentrating on doing our own things well are the key to dealing with various risks and challenges.
04 Promoting Development, How to Deploy?
At the private enterprise symposium on February 17th, General Secretary Xi Jinping made comprehensive arrangements to promote the healthy and high-quality development of the private economy in the current and future period.
One of the key words is’ healthy development ‘. Promoting the healthy development of the non-public economy and the healthy growth of non-public economy personnel has always been a concern of the General Secretary.
Another keyword is’ high-quality development ‘. High quality development has put forward higher requirements for the development of the private economy, and private enterprises must steadfastly pursue the path of high-quality development.
How to promote the healthy and high-quality development of the private economy? At this symposium, General Secretary Xi Jinping made two key deployments.
One is to put forward specific requirements to party committees and governments at all levels. General Secretary emphasized that implementing policies and measures to promote the development of the private economy in a solid manner is the current focus of promoting the development of the private economy. Anything set by the Central Committee of the Party must be resolutely implemented without any discount
From resolutely removing various obstacles to the equal use of production factors and fair participation in market competition in accordance with the law, to continuously promoting fair opening up of infrastructure competitive fields to all types of business entities, from continuing to make great efforts to solve the problem of difficult and expensive financing for private enterprises, to focusing on solving the problem of arrears of private enterprise accounts, from effectively protecting the legitimate rights and interests of private enterprises and private entrepreneurs in accordance with the law, to conscientiously implementing various relief policies, General Secretary Xi Jinping has put forward a series of clear requirements for the pain points and difficulties in the development of the private economy.
To do a good job in promoting the healthy and high-quality development of the private economy, it is necessary to go both ways and gather joint efforts.
At this symposium, the General Secretary also put forward requirements for the vast number of private enterprises and entrepreneurs. From adhering to the main business and strengthening the industry, to thinking about the source and making progress while being rich, from promoting entrepreneurship, to attaching importance to the training of enterprise successors, from adhering to honest and law-abiding operation, to actively performing social responsibilities, the General Secretary hopes that the majority of private enterprises and private entrepreneurs will serve the country with a heart, seek development with one mind, abide by the law and operate well, and promote common prosperity first, so as to make new and greater contributions to the promotion of Chinese path to modernization.
Feeling the warmth of the east wind in the midst of the cold, I set sail bravely forward. This symposium has pointed out the direction and path for the development of the private economy, released a clear signal, boosted confidence, warmed people’s hearts, and urged people to strive forward.
General Secretary Xi Jinping once pointed out that we encourage the development of private enterprises. The Party and the state provide support and guidance to private enterprises when they encounter difficulties and difficulties, hoping that they can develop boldly and with confidence.
Private entrepreneurs should grasp the trend of the times, strengthen their confidence in development, focus on innovation and creation, and run their enterprises solidly. They will surely create a better tomorrow for the private economy.
