China News Service, Beijing, March 6 (Reporter Li Tingyao) The private economy is a new force in promoting Chinese-style modernization and an important foundation for high-quality development. It plays an important role in promoting innovation, promoting employment, and improving people's livelihood.

During the National Two Sessions, Jing Puqiu, a member of the National Committee of the Chinese People's Political Consultative Conference and chairman of the Shanxi Federation of Industry and Commerce, suggested promoting the coordinated development of state-owned enterprises and private enterprises.

Jing Puqiu, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Shanxi Federation of Industry and Commerce.

Photo provided by interviewee

  Jing Puqiu suggested that we continue to improve the equal protection of enterprises of all types of ownership and protect the property rights of private enterprises and the rights and interests of entrepreneurs within the framework of the rule of law.

  Jing Puqiu said that state-owned and private enterprises should give full play to their respective advantages and focus on different industrial fields.

State-owned enterprises focus on areas involving major infrastructure, energy raw materials, and cutting-edge science and technology to enhance their core competitiveness and leadership in industry development.

Most of the private enterprises are small and medium-sized enterprises, which focus more on "specialization, specialization and innovation", emerging industries, new business formats, service industries, etc., giving full play to the advantages of flexibility, innovation and low cost to expand development space.

  In terms of promoting the deep integration of state-owned enterprises and private enterprises, Jing Puqiu believes that the system and mechanism of mixed reform should be continuously improved to eliminate the concerns of private enterprises participating in mixed reform and allow private enterprises to enter more fields through capital integration.

Continue to increase cooperation between state-owned enterprises and private enterprises in industrial chain, supply chain, digitalization and other aspects to form a more scientific and comprehensive collaborative development system.

  “By establishing an industrial ecology, building cultivation bases, carrying out internal incubation, empowering private enterprises, promoting data connectivity, and holding collaborative development docking activities, we will create a number of typical cases of collaborative development between state-owned and private enterprises that can be replicated and promoted, which can expand and promote state-owned enterprises. Ways to realize deep collaboration among private enterprises." Jing Puqiu said that establishing a scientific evaluation system, incentive and restraint system, performance appraisal system, and rights protection system can also give state-owned enterprises and private enterprises the motivation, willingness, and action to achieve coordinated development.

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