General

This important speech pointed out the direction for the high-quality development of the private economy and enhanced the confidence of private entrepreneurs in entrepreneurship. Recently, the 20th Central Committee for Comprehensive Deepening Reform approved the "Opinions on Promoting the Development and Growth of Private Economy", which clearly states that supporting the development of private economy is the consistent policy of the Party Central Committee. The private economy is an important subject of the socialist market economy with Chinese characteristics. Private enterprises and private entrepreneurs are their own people. They are the contributors and beneficiaries of China's reform and opening up and the miracle of economic development. They are also important forces to promote the construction of Chinese path to modernization in the new era.  

Private economy is an important force to promote Chinese path to modernization

Over the past 40 years of reform and opening up, guided and encouraged by the Party's policies and guidelines, China's private economy has played an irreplaceable and important role in promoting the development of socialist market economy, stabilizing economic growth, providing sufficient products and services, improving innovation and entrepreneurship levels, expanding the international market, and increasing employment. It presents a significant feature of "56789", which contributes more than 50% of taxes Over 60% of GDP, over 70% of technological innovation achievements, over 80% of urban labor employment, and over 90% of the number of enterprises. Among the national level specialized, refined, and innovative "little giants" enterprises, private enterprises account for over 80%. As of the end of 2022, the number of private enterprises in China has reached over 47 million, which has more than quadrupled in ten years. It can be seen that the private economy has become an important economic foundation for socialism with Chinese characteristics, and is an important force in accelerating the construction of a new development pattern, achieving high-quality economic development, and comprehensively building a socialist modernized power. Huacheng Import and Export Data Observation Report.

The private economy is an important force to solidly promote common prosperity, and developing and strengthening the private economy is an effective way to achieve common prosperity. At the beginning of the reform and opening up, Comrade Deng Xiaoping proposed that some people and some regions should get rich first, help them get rich first, and drive them to get rich first, so as to finally achieve common prosperity. Under the guidance of this policy, countless ordinary Chinese people have become rich through hard work and innovation and entrepreneurship. Many private entrepreneurs have not only achieved their wealth dreams, but also promoted enterprise development, employee prosperity, and economic prosperity. As integrators of factors, pioneers of markets, and promoters of innovation, private entrepreneurs succeed through hard work and become wealthy through struggle. Private entrepreneurs who became rich first demonstrated, led, led and helped a large number of workers to achieve common prosperity through innovation and entrepreneurship. Chinese path to modernization is the modernization of common prosperity for all people, and independent entrepreneurship is an important way to promote common prosperity. Since the 18th National Congress of the Communist Party of China, the country has issued multiple policies to encourage "mass entrepreneurship and innovation". Many innovation and entrepreneurship entrepreneurs have not only achieved prosperity by fully leveraging their own advantages and abilities, but also helped the groups involved in innovation and entrepreneurship achieve prosperity. At the same time, the private economy also plays an important role in promoting universal prosperity, promoting the flourishing development of glorious and charitable causes, and actively fulfilling social responsibilities. It can be seen that the development and expansion of the private economy is the basic work to solidly promote common prosperity. The practice of reform and opening up for more than 40 years shows that private enterprises and private economy play an indispensable role in stabilizing growth, promoting innovation, increasing employment, improving people's livelihood, and have become an important force in promoting economic and social development and promoting common prosperity. In order to achieve common prosperity in the future, private enterprises and self-employed businesses must grow and become active, Huacheng Import and Export Data Observation reported.

Private enterprises are the main force of technological innovation, an important carrier for gathering technological innovation elements, and an important force for achieving national high-level technological self-reliance and self-reliance. In recent years, the innovation investment of private enterprises in China has continued to grow, and the quality of innovation has significantly improved. They have continuously achieved breakthroughs in the number and quality of invention patents, and their important role in promoting technological innovation has become increasingly prominent. At present, private technology enterprises in China account for about 50% of the total number of high-tech enterprises in the country, becoming an increasingly active role on the innovation stage. At present, about 65% of invention patents, about 70% of technological innovation, and over 80% of new products in the country come from private enterprises. Behind this is the increasing R&D investment of private enterprises. In 2021, the total R&D expenses of the top 1000 private enterprises in China reached 1.45 trillion yuan, accounting for 38.58% of the national R&D expenditure, an increase of 23.14% year-on-year. Private enterprises have their own outstanding advantages in technological innovation. They have a keen sense of the market, strong innovation motivation, flexible mechanisms, and quick reactions. They dare to venture into new fields, adopt new technologies, develop new processes, and constantly launch new products and provide new services. This is conducive to improving the conversion efficiency of new technological achievements, and also helps to accelerate the modernization level of China's industrial chain supply chain, enhancing national competitiveness. Therefore, in the new journey of comprehensively building a modern country, it is necessary to fully leverage the important role of private enterprises in scientific and technological innovation, effectively solve the difficulties and problems encountered by enterprises in the development process, enhance their innovation ability and core competitiveness, cultivate a large number of "specialized, refined, and innovative" private enterprises, and help China achieve an overall improvement in scientific and technological innovation level.

Private enterprises are an important force in building a new development pattern of dual circulation, expanding China's overseas development space, and promoting economic globalization. According to customs statistics, in 2022, there were 510000 private foreign trade enterprises with actual import and export performance in China, with a total import and export amount of 21.4 trillion yuan. The annual proportion of import and export scale exceeded half for the first time, reaching 50.9%, and contributing 80.8% to China's foreign trade growth. Private foreign trade enterprises continue to play a role as "stabilizers" in foreign trade. Private enterprises' overseas direct investment is also a positive and active force in promoting the integration of the Chinese economy into the world economy. Regardless of the number of projects and investment amount, private enterprises have occupied half of the Chinese enterprises' "going global" and are showing a more active and active trend. In recent years, the pace of "going global" of private enterprises has been significantly accelerated, and the level of international operation has been significantly improved, which has played an important role in driving the export of related products, technologies and services, promoting the transformation and upgrading of domestic industries, promoting the construction of the "the Belt and Road", and helping to build a new development pattern. Private enterprises have a keen market sense and flexible production and operation mechanisms, enabling them to quickly respond to the rapidly changing international market and have unique advantages in exploring international markets. In the current severe international environment where the United States threatens "decoupling and chain breaking" and trade protectionism and unilateralism prevail, encouraging and supporting private enterprises to "go global" and develop and grow, and show their talents in international competition, is an important way to expand China's economic development space and build a new development pattern.

Taking multiple measures to promote the development and growth of private enterprises

Promoting the development and growth of the private economy is a long-term policy and a systematic project that requires top-level coordination and multiple policies to be implemented simultaneously. Currently, enhancing market confidence and stabilizing expectations is the key to promoting the development and growth of private enterprises. The report of the 20th National Congress of the Communist Party of China pointed out that "optimizing the development environment of private enterprises, protecting the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law" has provided reassurance for private entrepreneurs, enabling them to have clear expectations, invest with peace of mind, operate with peace of mind, focus on innovation, and develop boldly. We must adhere to the principles and policies of "two unwavering" and "two healthy" for a long time, always treat private enterprises and entrepreneurs as our own people, solve problems for them, eliminate their worries, put down their burdens, and unleash their enthusiasm and initiative in entrepreneurship. Relevant government departments should actively play a role in further optimizing the business development environment for private enterprises, breaking institutional barriers that restrict their fair participation in market competition, safeguarding the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law, encouraging and supporting the development and growth of private enterprises. Huacheng Import and Export Data Observation Report.

At present, the dilemma faced by private enterprises is highlighted as a "dilemma", namely financing difficulties and profitability difficulties. The external cause of the "dilemma" is the "two highs", namely high costs and high taxes and fees; The internal cause is "two low", which means low product added value and low technological content. From the perspective of private enterprises themselves, they need to practice new development concepts, deeply grasp the shortcomings and challenges of their own development, actively transform their development methods, adjust industrial structures, and transform growth drivers, adhere to the unwavering principle of strengthening and refining their main industries, consciously follow the path of high-quality development, promote continuous progress of enterprises from a higher starting point, become a strong innovative entity, and accelerate transformation and upgrading, Extend to the high-end of the industrial value chain. Only in this way can we digest the pressure of rising operating costs, enhance the core competitiveness of enterprises, and truly overcome difficulties. Only in this way can enterprises have the ability to sustain development and achieve better quality, better efficiency, stronger competitiveness, and greater influence. Huacheng Import and Export Data Observation Report.