(Year-end Feature) 2020: Refining and Rebirth of Chinese Private Enterprises

  China News Service, Beijing, December 18, Wire Title: 2020: Refining and Rebirth of Chinese Private Enterprises

  China News Agency reporter Xing Liyu

  From the cancellation of bankruptcy of more than 460,000 private small and micro enterprises in the first quarter to the third quarter of the third quarter, the comprehensive prosperity index of small and medium-sized enterprises increased by 10.03% from the previous quarter. In 2020, affected by the sudden new crown pneumonia epidemic, Chinese private enterprises experienced refining and rebirth.

  At present, private enterprises that have fully recovered have not only injected strong energy into China's economy, but are also a major source of power for the mired global economy.

Refining: "Double-sided Strike" under the epidemic

  Recalling the first half of the year, Zhuang Congsheng, former vice chairman of the All-China Federation of Industry and Commerce, pointed out to a reporter from China News Agency that at that time, the epidemic caused a "double-sided blow" to Chinese private enterprises, especially small, medium and micro enterprises.

  On the one hand, affected by the domestic epidemic, private enterprises are caught in the “six shortages” of income, cash, labor, raw materials, logistics, and demand, and they are also under pressure from multiple expenditures such as rent, loans, social security contributions, employee salaries, and preparations for epidemic prevention materials; With the impact of the overseas epidemic, overseas demand has plummeted, and a large number of export orders have been cancelled.

  The Central Committee of the Communist Party of China and the State Council attach great importance to the severe test that the epidemic has brought to private enterprises, especially small, medium and micro enterprises. General Secretary Xi Jinping has issued important instructions and instructions on many occasions.

At the National Two Meetings held in May, General Secretary Xi Jinping said, "Different problems have been solved in different periods, and now we have to further study how to solve the current problems in the development of private enterprises."

  Increase fiscal and taxation support; improve financial availability; unblock the circulation of factor markets; build a good business environment; support enterprise innovation and development...a series of favorable enterprise policies have been introduced.

  “The government’s adoption of a series of decisive and effective epidemic prevention measures and its strong support for the resumption of work and production are important reasons for the group’s rapid recovery and development,” said Xiang Wenbo, president of Sany Heavy Industry, to a reporter from China News Agency.

Rebirth: "seeking opportunities in crisis" demonstrates resilience and vitality

  Zhuang Congsheng pointed out that China's private enterprises have always developed and grown under ups and downs and even under strong impact. The big crisis even contains unlimited business opportunities.

  For example, in response to the prevention and control of the epidemic, private enterprises active in education, medical, entertainment and other industries have turned to the front line, and emerging industries and business models such as remote office, unmanned distribution, live delivery, online retail, and smart manufacturing have come to the forefront. Reveal potential.

  Through the "cloud", the first batch of key cloud signing activities for the first batch of major projects in Quanzhou, Fujian Province, which is a vibrant private economy in 2020, kicked off in March this year.

In less than half an hour, 81 physical industrial projects with a total investment of RMB 44.3 billion were signed by video connection.

  "The new era pays more attention to the'four creations in one' of innovation, entrepreneurship, creation, and creativity, and the'three nets win-win' of the Internet, the Internet of Things, and the Internet of Things," Luo Shaming, member of the National Committee of the Chinese People's Political Consultative Conference and vice chairman of the Quanzhou CPPCC, told reporters from China News Agency Said that the "four innovations" and "three nets" will provide a steady stream of protection for China's real economy, and enterprises must update their management and business concepts accordingly.

  In Taizhou City, Zhejiang Province, which is also a "private economic city", small and medium-sized enterprises have accelerated their pace of transformation.

For example, Taizhou Ruida Machinery Co., Ltd., which focuses on the production of auto parts, has replaced 4 automatic production lines to improve production efficiency in response to the test of insufficient labor.

  “Excellent companies usually grow through many crises. Crisis is the biggest driving force for corporate innovation.” Fosun International Chairman Guo Guangchang said in an exclusive interview with a reporter from China News Agency.

  During a year of turmoil, Chinese private enterprises have experienced mixed sorrow and joy and rebirth, and their resilience and vitality have become stronger.

Data analysis and analysis by Dacheng Enterprise Research Institute show that from January to October 2020, China's national industrial added value increased by 1.8% year-on-year, of which private industry increased by 2.8%; total assets of industrial enterprises above designated size increased by 6.9% year-on-year, of which private industry increased 8.4%; total profit increased by 0.7% year-on-year, of which private industry increased by 1.1%.

  The Ministry of Commerce announced in early December that China’s foreign trade continued to improve from January to November this year. Under the difficulties and pressures, the innovation capability of the foreign trade industry continued to increase, and the scale of foreign trade entities continued to grow.

The export of private enterprises increased by 12.2%, which increased the overall growth rate by 6.2%.

  After 2020, Chinese private enterprises will surely go further and better.

Just as Lei Jun, Chairman of Xiaomi Group, said, firmly believe that Chinese private enterprises have ushered in the best development opportunity in history, and it is our greatest honor to walk with this great era.

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