The releasing significance of "31 articles on private economy"

On July 19, 2023, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Promoting the Development and Growth of Private Economy". The Opinion proposes 31 specific measures from eight aspects: the development environment of the private economy, policy support, legal protection, and promoting the healthy growth of private economic personnel, comprehensively responding to the concerns of enterprises.

The Opinion proposes to adhere to the principle of 'two unwavering', accelerate the creation of a market-oriented, legalized, and internationalized first-class business environment, optimize the development environment of private economy, protect the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law, comprehensively build a pro Qing government business relationship, ensure that all types of ownership economy use production factors equally in accordance with the law, participate in market competition fairly, and receive equal legal protection, guide private enterprises to develop through their own reform Compliance management, transformation and upgrading continuously improve the quality of development, and promote the growth, optimization, and strength of the private economy.

Private enterprises are an important component of China's market entities and have made significant contributions to the development of the economy. Supporting the development and growth of the private economy is of great significance, whether for stabilizing investment and growth, or for stabilizing employment and foreign trade. Strengthening communication with private entrepreneurs, protecting the rights and interests of private enterprises and entrepreneurs, and implementing measures to benefit enterprises can undoubtedly stimulate the investment confidence of private entrepreneurs and private capital, thereby effectively promoting the accelerated growth of private investment. Strengthen guidance on technological innovation, transformation and upgrading of private enterprises, promote their leap towards the mid to high end of the industrial value chain, continuously enhance their value creativity and competitiveness, and fully stimulate the vitality of the private economy.