Another symposium on private enterprises has attracted widespread attention.

At 10 a.m. on February 17, accompanied by warm applause, the General Secretary walked into the East Hall of the Great Hall of the People and had a face-to-face discussion with the heads of private enterprises from various industries.

In November 2018, also in this meeting venue, the General Secretary presided over a symposium on private enterprises. In response to some remarks in society at that time that denied or doubted the private economy, he reaffirmed the adherence to the "Two Unswerving Commitments" and emphasized the "Three Unchanged Principles", reassuring the vast number of private enterprises and pointing out the direction for their further development and growth.

There are new developments, new opportunities, and also new challenges.

Today, China's private economy has reached a considerable scale and holds a significant position, with many remarkable highlights: The number of private enterprises accounts for more than 92% of the total number of enterprises; Among the national high-tech enterprises, there are more than 420,000 private enterprises, accounting for more than 92%; Among the "New Three Categories" with strong export performance, private enterprises contribute more than half; Among the world's top 500 enterprises, the number of Chinese private enterprises has increased from 28 in 2018 to 34.

The atmosphere at the symposium site was candid and enthusiastic.

Ren Zhengfei, Wang Chuanfu, Liu Yonghao, Yu Renrong, Wang Xingxing, Lei Jun and other six representatives of the heads of private enterprises from different fields and industries successively delivered speeches, reporting their achievements, analyzing the situation, looking forward to the future, and putting forward suggestions. General Secretary Xi Jinping listened attentively.

Among them, there are representatives of the older generation of private entrepreneurs who have been tempered by the tide of reform and opening up, as well as representatives of the younger generation of private entrepreneurs who have grown up in the new era; there are those who have long been deeply engaged in traditional industries, those who have emerged prominently in fields such as new energy vehicles, and also the heads of private enterprises who have made a name for themselves in strategic emerging industries such as humanoid robots and semiconductors.

This symposium was convened by the Central Committee of the Communist Party of China. Some leading comrades of the Central Committee came, and the responsible comrades of relevant departments of the Central Committee and the state organs also came.

The private economy is a vital force in promoting Chinese-style modernization and an important foundation for high-quality development. Holding a high-level symposium again sends a consistent and clear signal.

General Secretary Xi Jinping got straight to the point: "Over the past few decades, the Party's understanding of the status and role of the private economy in the cause of reform, opening up, and socialist modernization, as well as the Party and the state's principles and policies for the development of the private economy, have been consistent in theory and practice and keep advancing with the times."

Private enterprises have thrived and developed along with the great journey of reform and opening up.

Breaking through the shackles and blazing a new trail, they have gone through hardships and joys along the way. Comrade Xi Jinping, who took up leadership positions at the local level at the beginning of reform and opening up, has a deep understanding of the arduous journey of the development of China's private economy.

During the National Two Sessions in 2020, General Secretary Xi Jinping once said with emotion: "Private enterprises have grown on the promising land of China. At the beginning, it was a desolate land, and they strived for survival in the cracks. China has blazed a path for the development of private enterprises. How difficult it has been! This is precisely a path blazed through hardships under the socialist system with Chinese characteristics."

His long-term working experience in provinces with a developed private economy has accumulated a profound understanding of the development of private enterprises.

"I have always supported private enterprises, and I have worked in places where the private economy is relatively developed." Along the way, Comrade Xi Jinping has always attached great importance to supporting the healthy development of the private economy and caring about the healthy growth of private entrepreneurs.

In Zhengding, Hebei, he awarded the "Pioneering Rich Award" to those who became millionaires; in Fujian, he visited Jinjiang, where the private economy is very active, seven times, and summarized and promoted the "Jinjiang Experience"; in Zhejiang, he visited Yiwu more than ten times, and summarized and promoted the "Yiwu Development Experience"; in Shanghai, he visited state-owned enterprises and private enterprises and emphasized the adherence to the "Two Unswerving Commitments"; after taking up a position at the central level, he has been promoting the development of private enterprises and inspected many private enterprises.

From the 19th National Congress of the Communist Party of China to the 20th National Congress, from the Third Plenary Session of the 18th Central Committee of the Communist Party of China to the Third Plenary Session of the 20th Central Committee and other central plenary sessions, General Secretary Xi Jinping has expounded on the Party Central Committee's principles and policies for the development of the private economy many times at important meetings.

At this symposium, the General Secretary once again emphasized: "The Party and the state's basic principles and policies for the development of the private economy have been incorporated into the system of socialism with Chinese characteristics and will be consistently adhered to and implemented. They will not change and cannot change."

Bravely fighting in the waves of changes in the economic environment and undergoing transformation and rebirth towards high-quality development, the survival and development of private enterprises are also a microcosm of a country and a nation's efforts to overcome difficulties and move forward bravely in the era of great changes.

At present, in the development process of the private economy, there are some difficulties and challenges: There are impacts brought about by the new round of scientific and technological revolution and industrial transformation; there are dilemmas brought about by changes in the external environment; some enterprises have problems such as blind diversified development and poor self-operation and management; and there are also issues that need to be strengthened in the implementation of relevant policies and measures...

How should we view the current difficulties and challenges? What should we do?

General Secretary Xi Jinping pointed out: "The current difficulties and challenges faced by the development of the private economy are generally those that have emerged in the process of reform and development and industrial transformation and upgrading. They are local rather than overall, temporary rather than long-term, and can be overcome rather than insoluble." "See the future, the light, and the hope in the face of difficulties and challenges, maintain the determination for development, enhance the confidence in development, and maintain the enterprising spirit of being willing to strive and knowing how to win."

Acutely grasping the trends of the times and profoundly discerning the crises and opportunities.

In the new era and new journey, China's social productive forces will continue to leap forward, the people's living standards will steadily improve, reform and opening up will be further comprehensively deepened, the talent pool and labor force resources are large in number and excellent in quality, the industrial system and infrastructure system are complete and well-matched, new industries, new business forms, and new models keep emerging, the ultra-large-scale market with a population of more than 1.4 billion has huge potential, and the socialist system with Chinese characteristics has many significant advantages...

"In the new era and new journey, the development of the private economy has broad prospects and great potential. It is an opportune time for the vast number of private enterprises and private entrepreneurs to showcase their abilities," said the General Secretary.

At the symposium, in response to some issues that are more concentratedly reflected by private enterprises at present, General Secretary Xi Jinping made an in-depth analysis and pointed out the direction for further promoting the healthy and high-quality development of the private economy:

We should resolutely remove all kinds of obstacles to the equal use of production factors in accordance with the law and fair participation in market competition, continuously promote the fair opening of competitive fields in infrastructure to all types of business entities, and continue to make great efforts to solve the problems of financing difficulties and high financing costs for private enterprises.

We should focus on solving the problem of arrears of payments to private enterprises.

We should strengthen law enforcement supervision, concentrate on rectifying chaotic charging, fines, inspections, and seizures, and effectively protect the legitimate rights and interests of private enterprises and private entrepreneurs in accordance with the law.

We should earnestly implement various relief policies, improve the precision of policies, pay attention to comprehensive measures, and treat all enterprises equally.

We should further build a cordial and clean relationship between government and business.

...

Among thousands of policies, implementation is the top priority. General Secretary Xi Jinping said firmly: "Solidly implementing the policies and measures to promote the development of the private economy is the current focus of work to promote the development of the private economy. Whatever the Party Central Committee has decided should be resolutely implemented without any discount."

Run an enduring business with perseverance.

Not being afraid of difficulties and not being confused by distractions, practicing internal strength, reforming and innovating, and using the certainty of one's own work to deal with the uncertainty of the external environment is the dialectics of fostering opportunities in crises and opening up new situations in changing circumstances, and it is also the practical theory of achieving the future through hard work.

"Enterprises are business entities, and the internal driving force for enterprise development is of primary importance." General Secretary Xi Jinping has high hopes for the vast number of private enterprises and private entrepreneurs, encouraging them to take on the heavy responsibilities of the times, be bold and capable, and achieve good results.

"Carry forward the entrepreneurial spirit, concentrate on strengthening, optimizing, and expanding enterprises" "Stick to the main business, strengthen the real economy, strengthen independent innovation, change the development mode, and continuously improve the quality, efficiency, and core competitiveness of enterprises."

At this point, the General Secretary paused, looked around the audience, and said meaningfully:

"When I worked in Fujian and Zhejiang, I highly recognized the practices of some local private enterprises that focused on the real economy, their main business, and continuously strengthened and expanded themselves. There are many clothing and footwear enterprises in these two places. Now, some of them have led the international trend. The very important reason is that for decades, they have been single-mindedly engaged in this industry without being distracted. From the initial processing of supplied materials to the establishment of their own brands, they have now grown into world-renowned enterprises."

In the great tide of social changes, only by withstanding the tests and tempering of the market and time can one stand at the forefront and truly become a "century-old brand" and an "evergreen enterprise."

"I hope that the vast number of private enterprises and private entrepreneurs will bear in mind their ambition to serve the country, wholeheartedly seek development, operate legally and well, and use their wealth first to promote common prosperity, making new and greater contributions to promoting Chinese-style modernization."

The General Secretary's earnest words made the heads of private enterprises present feel deeply warm and inspired. When the symposium ended, the General Secretary came among the representatives of the heads of private enterprises and shook hands with them one by one.

There were knowing smiles and bursts of warm applause in the meeting hall.

Riding on the spring breeze of the new era and new journey, the private economy is bound to move towards a broader world.

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