The private economy is a driving force in helping advance Chinese modernization. President Xi Jinping has always placed great importance on the development of the private economy, making multiple key instructions and inspecting private enterprises to boost confidence in the sector’s development.
He said that in China’s economic journey, the government must keep building a fully supportive environment for the private sector — helping private enterprises overcome challenges and turn pressures into momentum. This will ensure that the private economy’s innovative potential is fully realized, allowing its creative energy to flourish.
