China News Agency, Beijing, March 5th, title: Emphasizing "two unwavering", China supports the development and growth of the private economy

  China News Agency reporter Liu Liang

  This year's government work report emphasizes the practical implementation of the "two unwavering" policies, highlighting the importance attached to the development and growth of the private economy and private enterprises.

On March 5, the first session of the 14th National People's Congress opened in the Great Hall of the People in Beijing.

Photo by China News Agency reporter Sheng Jiapeng

  "Two unwavering" refers to unswervingly consolidating and developing the public sector of the economy, and unswervingly encouraging, supporting, and guiding the development of the non-public sector of the economy.

Since the 20th National Congress of the Communist Party of China, the "two unwavering" has frequently appeared in the work arrangements for important meetings in China.

  "As a representative of the public sector of the economy, state-owned enterprises are an important material and political basis for socialism with Chinese characteristics and the backbone of the development of the national economy; as a representative of the non-public sector of the economy, private enterprises are an internal element of China's economic system and are the key to promoting the socialist market. An important force for economic development, the fate of the two is closely related." Li Jin, chief researcher of the China Enterprise Research Institute, said that the relationship between the two is not an opposition, but an organic unity.

  He further pointed out that the recent important meetings held by Chinese high-level officials have also paid more attention to the equal status and common development of state-owned enterprises and private enterprises.

  Why are private enterprises valued?

Bai Xiangyang, deputy to the National People's Congress and mayor of Shangqiu City, Henan Province, believes that it is necessary to consider the current situation of China's economic development.

He pointed out that stabilizing the economy is an important goal of the Chinese government, and promoting the high-quality development of the private economy is an important starting point for stabilizing the economy.

  "In recent years, in the face of the impact of the new crown epidemic, the majority of private enterprises have shown strong development resilience and played an important role in maintaining the normal operation of the economy. But we must also be soberly aware that many private enterprises are currently facing greater difficulties than before , especially small, medium and micro enterprises have weak anti-risk capabilities, production and operation are more difficult, and the service industry is particularly affected.” Bai Xiangyang said that at this time, it is even more necessary for the government to release a strong signal and increase support and assistance to ensure the full recovery of private enterprises. Help the economy as a whole improve.

  In Li Jin's view, the current development of private enterprises is facing obvious "blocking points".

On the one hand, many enterprises are small in scale, relatively lagging behind in technological innovation investment, and weak in independent innovation capabilities; on the other hand, they encounter hidden barriers in the system and lack a healthy development environment.

  The Chinese government has a clear understanding of the problems facing the development of the private economy.

This year's government work report pointed out that all kinds of hidden barriers should be broken, policy support should be given without discrimination, and private investment confidence should be boosted.

Improve the property rights protection system, protect the legitimate rights and interests of entrepreneurs, and promote entrepreneurial spirit.

  According to Shi Lei, member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Inner Mongolia Domond Industrial Group, to promote the healthy development of the private economy, we must start from "details".

He pointed out that in recent years, there are still factors hindering the optimization of the business environment, such as unsound third-party mechanisms, unreasonable tax systems, unfair financing, and low service levels, and it is urgent to "prescribe the right medicine."

  For this reason, Shi Lei hopes that, in terms of action, local governments should refine the service measures for private enterprises.

In terms of public opinion, it is necessary to correct some people's wrong ideas and cognitive biases about private enterprises.

In terms of ideology, it is necessary to treat private enterprises fairly in the fields of investment, financing, bidding, etc., to ensure that all types of market entities have equal rights, equal opportunities, and equal rules.

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