China News Agency, Beijing, February 28th: ​​The economy is stabilizing and improving. How can the private economy boost confidence?

  China News Agency reporter Wang Jiexian

  In 2023, the National Two Sessions will be held in Beijing.

How to take multiple measures to boost the confidence in the development of the private economy is bound to become one of the topics of great concern at the National Two Sessions.

Data map: A Chinese restaurant full of guests and friends.

Photo by Huang Weizheng

Boosting confidence is a must-answer question for the development of the private economy

  Figures can reflect the important position and role of the private economy in the national economy.

According to statistics, the number of private enterprises in China has increased from 10.857 million in 2012 to more than 47 million in 2022, more than quadrupling in 10 years; More than 80%; the number of private listed companies has exceeded 3,000; among the world's top 500 companies, the number of Chinese private companies has increased from 5 in 2012 to 28 in 2022.

  The 2022 Central Economic Work Conference has already assessed that the foundation for the current economic recovery is not yet solid, and the triple pressure of demand contraction, supply shocks, and weakening expectations is still relatively large.

At the same time, as China gradually emerges from the impact of the epidemic, analysts generally expect a stronger macroeconomic rebound, and "economic restart" will be the main theme in 2023.

  In the context of the global economic downturn, economic stability and improvement cannot be separated from the joint efforts of the private economy and private economic personnel.

With stable expectations and full confidence, enterprises will dare to expand investment and open up markets.

Therefore, for the further development of the private economy in the future, "boosting confidence" is a must-answer question.

Data map: Express parcels are being rapidly transmitted on the distribution line.

Photo by Xu Chuanbao

 To boost confidence, the business environment needs to be further improved

  Looking back at the two sessions of the country in recent years, representatives and committee members have put forward many specific suggestions and proposals on improving the business environment.

At the local two sessions in 2023, many provinces, autonomous regions and municipalities proposed to effectively implement the "two unwavering" and implement the requirement of equal treatment of state-owned enterprises and private enterprises from the system and mechanism, so as to continue to stimulate market vitality.

  Yang Decai, a member of the National Committee of the Chinese People's Political Consultative Conference and a professor at the Business School of Nanjing University, told reporters from China News Agency that in recent years, erroneous remarks such as "the theory of leaving the private economy" and "the theory of new public-private partnerships" have impacted the confidence of entrepreneurs. Also need to work harder.

  He said that there is no doubt about the important position and positive role of the private economy. To optimize the business environment, we must realize the equal legal status and development rights of all market players. There is still a long way to go in this regard. Large spaces require effort.

  Nan Cunhui, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Chint Group, also suggested further liberalization of market access for private enterprises.

Encourage qualified private enterprises and state-owned enterprises to carry out project investment cooperation, industrial technology cooperation, etc., to stimulate market vitality.

Encourage state-owned enterprises and private enterprises to strengthen resource integration, complement each other's advantages, and collaborate efficiently, and form a win-win cooperation model through "grouping to sea".

  Pan Helin, co-director and researcher of the Digital Economy and Financial Innovation Research Center of Zhejiang University International Joint Business School, believes that those who have permanent property have perseverance. The focus of improving the business environment is to respect corporate property rights, crack down on infringements, and protect entrepreneurs, especially controlling shareholders. rights and interests are not harmed by non-market factors.

Data map: Citizens are shopping at the night market on Zhangye Road Pedestrian Street in Lanzhou, Gansu.

Added photo by China News Agency reporter Jiu Meidan

 Boost confidence, ask for truth and pragmatism to promote problem solving

  In recent years, the macro-economy has been under pressure, and the pressure has been transmitted to market players, such as unstable expectations, lack of confidence in development, difficulty in recruiting and expensive labor, rising costs, compressed profit margins, and tight capital chains.

In the face of challenges, Chinese governments at all levels have successively introduced a series of financial, fiscal and taxation relief measures to benefit enterprises. The key to the next step is to promote the implementation and improvement of policies.

  Yang Decai believes that governments at all levels and all sectors of society should continue to have an in-depth understanding of the demands of private enterprises and be more "down-to-earth".

He revealed that the survey found that some measures to help companies bail out did not achieve the expected results and were of little practical significance.

Therefore, in Jiangsu, Zhejiang and other provinces with large private economies, the government departments emphasize the awareness of serving private enterprises as a "small shop", so that enterprises can relieve their burdens and carry out the battle lightly, so as to achieve steady and long-term growth.

  Pan Helin said that the administrative costs of enterprises should be reduced as much as possible, taxation, social security and enterprise factor costs should be reduced, market fairness should be maintained, and obstacles should not be set up between enterprises.

  The outside world has noticed that in Inner Mongolia, the local government recently stated that it must effectively solve the problem of "slow" work, and be on call without calling or disturbing, so that entrepreneurs can become "guests of honor".

In Fujian, the official request is to address the problems of insufficient market demand in the current economic operation, insufficient innovation and transformation of private enterprises, insufficient guarantee of factors, and insufficient service efficiency, and more practical things should be done to help and solve difficulties.

  The mountains are heavy and the rivers are heavy, and the willows are dark and the flowers are bright.

China's private economy has grown from small to large, from weak to strong, and has never lacked the confidence to face risks and challenges. This also reflects the resilience of China's economic development.

The Politburo meeting held a few days ago set the tone for this year's government work, once again emphasizing the earnest implementation of the "two unwavering" principles and greater efforts to attract and utilize foreign capital.

The upcoming 2023 National Two Sessions, I believe that the representative committee members will put forward more plans to help the high-quality development of the private economy, so that private enterprises can feel confident and bold.

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