On the morning of the 17th, Xi Jinping, General Secretary of the CPC Central Committee, President of the People's Republic of China, and Chairman of the Central Military Commission, attended a symposium on private enterprises in Beijing and delivered an important speech.He stressed that the Party and the state's fundamental principles and policies regarding the development of the private economy have been incorporated into the system of socialism with Chinese characteristics and will be consistently upheld and implemented—they cannot and will not change.In the new era and on the new journey, the private economy enjoys broad prospects and great promise, and it is the right time for the vast number of private enterprises and entrepreneurs to distinguish themselves.It is necessary to unify thinking, firm up confidence, and promote the healthy and high-quality development of the private economy.It is hoped that the vast number of private enterprises and entrepreneurs will harbor the aspiration to serve the country, focus on development, operate lawfully and well, and, having grown rich first, help others prosper, thereby making new and greater contributions to advancing Chinese modernization.
Li Qiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, and Ding Xuexiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended the symposium. Wang Huning, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the National Committee of the Chinese People's Political Consultative Conference, presided over the symposium.
At the symposium, six representatives of private enterprises delivered speeches successively, including Ren Zhengfei, CEO of Huawei Technologies Co., Ltd.; Wang Chuanfu, Chairman of BYD Company Limited; Liu Yonghao, Chairman of New Hope Holding Group Co., Ltd.; Yu Renrong, Chairman of Shanghai Will Semiconductor Co., Ltd.; Wang Xingxing, CEO of Hangzhou Unitree Technology Co., Ltd.; and Lei Jun, Chairman of Xiaomi Technology Co., Ltd. They put forward opinions and suggestions on promoting the development of the private economy under the new situation.After listening to everyone's speeches, Xi Jinping delivered an important speech. He said that private enterprises have flourished along with the great course of reform and opening up. Over the past decades, our Party's theory and practice regarding the understanding of the status and role of the private economy in reform and opening up and in socialist modernization, as well as the Party and state's principles and policies on the development of the private economy, have been consistent and have advanced with the times. The Party and the state uphold and improve the basic socialist economic system, unswervingly consolidate and develop the public sector of the economy, and unswervingly encourage, support, and guide the development of the non-public sector of the economy; the Party and the state ensure that economic entities under all forms of ownership use production factors in accordance with the law on an equal footing, participate fairly in market competition, and receive equal protection under the law, promote complementary advantages and common development of economic entities under all forms of ownership, and promote the healthy development of the non-public sector of the economy and the healthy growth of people working in the non-public sector.Xi Jinping pointed out that China's private economy has now reached a considerable scale and carries significant weight, and there is a solid foundation for promoting its high-quality development. In the new era and on the new journey, China's social productive forces will continue to rise, people's living standards will steadily improve, and reform and opening up will be further comprehensively deepened. In particular, education, science and technology are developing rapidly; the talent pool and labor resources are huge in number and excellent in quality; the industrial system and infrastructure system are well matched and complete; and the super-large-scale market with a population of more than 1.4 billion has enormous potential. All this will bring many new opportunities to the development of the private economy and provide greater room for development. The system of socialism with Chinese characteristics has many notable advantages, and the socialist market economy system and the socialist rule of law system with Chinese characteristics are being continuously improved and perfected, which will provide stronger guarantees for the development of the private economy.Xi Jinping stressed that the difficulties and challenges currently facing the development of the private economy are, on the whole, those that have emerged in the course of reform and development and industrial transformation and upgrading. They are partial rather than overall, temporary rather than long-term, and can be overcome rather than insoluble. It is necessary to unify thinking and action with the Party Central Committee's judgment of the domestic and international situation and with the Party Central Committee's decisions and arrangements on economic work, see the prospects, the brightness, and the future amid difficulties and challenges, maintain strategic resolve for development, strengthen confidence in development, and maintain the spirit of loving to strive and being determined to win.Xi Jinping pointed out that solidly implementing the policies and measures for promoting the development of the private economy is the focus of current efforts to promote the development of the private economy. Whatever the Party Central Committee has decided must be resolutely implemented without discount. It is necessary to resolutely remove all kinds of obstacles to the equal use of production factors in accordance with the law and fair participation in market competition, continue to promote the fair opening of competitive areas of infrastructure to all types of business entities, and continue to make great efforts to solve the difficulties and high costs of financing for private enterprises. Efforts should be made to solve the problem of arrears owed to private enterprises. It is necessary to strengthen law enforcement supervision, carry out concentrated rectification of arbitrary charges, arbitrary fines, arbitrary inspections, and arbitrary seizures, and effectively protect the lawful rights and interests of private enterprises and entrepreneurs in accordance with the law. At the same time, it should be recognized that China is a socialist country under the rule of law, and illegal acts by enterprises under all forms of ownership cannot evade investigation and punishment. It is necessary to earnestly implement various relief policies, improve the precision of policies, pay attention to comprehensive measures, and treat enterprises equally. It is necessary to further build a cordial and clean relationship between government and business. Party committees and governments at all levels should base themselves on reality and make overall arrangements to ensure the implementation of policies and measures for promoting the development of the private economy.Xi Jinping stressed that enterprises are business entities, and the internal driving force for enterprise development is of primary importance. The vast number of private enterprises and entrepreneurs should be full of passion for entrepreneurship and serving the country, continuously elevate their ideals, cultivate deep feelings for the country and the people, remember the source of their wealth and strive for further progress, carry forward the entrepreneurial spirit, concentrate on making enterprises stronger, better, and larger, and firmly be builders of socialism with Chinese characteristics and promoters of Chinese modernization. They should unswervingly follow the path of high-quality development, stick to their main business, strengthen the real economy, strengthen independent innovation, transform the development model, continuously improve enterprise quality, efficiency, and core competitiveness, and strive to make more contributions to promoting scientific and technological innovation, fostering new quality productive forces, building a modern industrial system, comprehensively advancing rural revitalization, promoting coordinated regional development, and safeguarding and improving people's livelihood. It is necessary to improve the corporate governance structure in accordance with the requirements of the modern enterprise system with Chinese characteristics, regulate shareholder behavior, strengthen internal supervision, improve risk prevention mechanisms, continuously improve the mechanisms for the use, management, and protection of production factors such as labor, talent, knowledge, technology, capital, and data, and attach importance to cultivating enterprise successors. It is necessary to adhere to honest and lawful operation, establish correct values and morals, and promote the healthy development of the private economy through practical actions. It is necessary to actively fulfill social responsibilities, actively build harmonious labor relations, do a good job in ecological and environmental protection, participate in public welfare and charity undertakings to the best of one's ability, and contribute more love to society.When presiding over the symposium, Wang Huning said that General Secretary Xi Jinping's important speech fully affirmed the major achievements in the development of the private economy and its important contributions to the country's economic and social development, stressed the need to correctly understand the opportunities and challenges facing the development of the private economy, and made comprehensive arrangements for promoting the healthy and high-quality development of the private economy at present and for a period to come. The speech is lofty in purpose, profound in thought, incisive in exposition, and rich in content. We must study it carefully, understand it, and resolutely implement it. We must firm up confidence in development, strengthen the overall perspective, systematic thinking, and spirit of the rule of law, implement all policies in place, and strive to open up new prospects for the development of the private economy.Shi Taifeng, Li Shulei, He Lifeng, Wu Zhenglong, and Mu Hong attended the symposium.Responsible comrades from relevant departments of central and state organs and the All-China Federation of Industry and Commerce, representatives of private enterprises, and others attended the symposium.
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