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                        Xi Jinping's speech at the private enterprise symposium (full text)
Source: Xinhua Net Editor: Oriental Fortune Network

Xinhua News Agency, Beijing, November 1stSpeech at the private enterprise symposium

(November 1, 2018)

Xi Jinping

Hello everyone! Today, we convened this symposium mainly to listen to your opinions and suggestions on the economic development situation and the development of the private economy. First of all, I would like to extend my sincere greetings to all private entrepreneurs and private entrepreneurs throughout the country!

Just now, several representatives of private enterprises made a speech and put forward a lot of valuable opinions and suggestions. The relevant departments should seriously study and absorb them. Below, in conjunction with the speeches and concerns of everyone, I would like to make a few comments.

China's non-public ownership economy has been developed under the guidance of the party's principles and policies since the reform and opening up. The basic economic system in which the public ownership is the main body and the multiple ownership economies develop together is an important part of the socialist system with Chinese characteristics and an inevitable requirement for improving the socialist market economic system. After the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, our party broke the traditional concept of ownership on the issue of ownership and opened the door for the development of the non-public economy. In 1980, Zhang Huamei of Wenzhou received the first business license for individual industrial and commercial households. By 1987, the number of employees in various industries such as urban individual industry and commerce had reached 5.69 million, and a large number of private enterprises flourished. After the publication of Comrade Deng Xiaoping's southern talks in 1992, a new wave of entrepreneurship and development of the private economy was launched. Many well-known large private enterprises started this period.

The 15th National Congress of the Communist Party of China established the "public ownership as the main body and the common development of multiple ownership economies" as the basic economic system of China, and clearly stated that "the non-public economy is an important part of China's socialist market economy." The 16th National Congress of the Communist Party of China put forward "unswervingly consolidating and developing the public-owned economy" and "unswervingly encouraging, supporting and guiding the development of the non-public economy." The 18th National Congress of the Communist Party of China further proposed "to unswervingly encourage, support, and guide the development of the non-public economy, ensure that all forms of ownership economy use production factors in an equal manner, participate in market competition fairly, and be equally protected by law."

Since the 18th National Congress of the Communist Party of China, I have repeatedly reiterated that I will adhere to the basic economic system and insist that "the two are unwavering." The Third Plenary Session of the 18th CPC Central Committee proposed that the public-owned economy and the non-public economy are both important components of the socialist market economy and are important foundations for China's economic and social development; the public-owned economic property rights are inviolable, and the non-public economic property rights are equally inviolable. The state protects economic property rights and legitimate interests of all forms of ownership, upholds equal rights, equal opportunities, equal rules, abolishes unreasonable regulations on various forms of the non-public economy, eliminates various hidden barriers, and stimulates the vitality and creativity of the non-public economy. . The Fourth Plenary Session of the 18th CPC Central Committee proposed to "improve the system of property rights protection with fairness as the core principle, strengthen the protection of property rights of various ownership economic organizations and natural persons, and clean up laws and regulations that violate fairness." The Fifth Plenary Session of the 18th CPC Central Committee stressed the need to "encourage private enterprises to enter more fields in accordance with the law, introduce non-state-owned capital to participate in the reform of state-owned enterprises, and better stimulate the vitality and creativity of the non-public economy." The 19th National Congress of the Communist Party of China wrote the "two unwavering" writings into the new era and adhered to the basic strategy of developing socialism with Chinese characteristics, and further determined it as a major policy of the party and the state.

On March 4th, 2016, when I participated in the joint meeting of the Fourth Committee of the 12th National Committee of the Chinese People's Political Consultative Conference, the People's Republic of China and the Federation of Industry and Commerce, I made a speech on the issue of adhering to the basic economic system of China, and clarified that the party and the state treat the private economy. Policy. The purpose of opening this meeting today is to gather ideas, strengthen confidence, and work together to maintain and enhance the good momentum of China's private economy.

On October 20 this year, I specifically wrote back to the private entrepreneurs who were commended in the “Wanqi Help Wancun” campaign for the development of the private economy. They stressed that private enterprises have flourished in the past 40 years of reform and opening up, and the private economy has grown from small to large. Strengthening has played an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood, and has become an important force in promoting economic and social development. Supporting the development of private enterprises is the consistent policy of the Party Central Committee. This will not be shaken.

  First, fully affirm the important position and role of China's private economy

This year marks the 40th anniversary of reform and opening up. In the past 40 years, China's private economy has grown from small to large and from weak to strong. By the end of 2017, the number of private enterprises in China exceeded 27 million, and the number of individual industrial and commercial households exceeded 65 million, with registered capital exceeding 165 trillion yuan. To sum up, the private economy has the characteristics of “five six seven seven nine”, that is, contributing more than 50% of taxes, more than 60% of GDP, more than 70% of technological innovations, and more than 80% of urban employment. , the number of enterprises above 90%. Among the world's top 500 enterprises, China's private enterprises increased from one in 2010 to 28 in 2018. China's private economy has become an indispensable force to promote China's development, becoming a major field of entrepreneurial employment, an important subject of technological innovation, and an important source of national taxation. It is the development of China's socialist market economy, the transformation of government functions, the transfer of surplus rural labor, International market development has played an important role. For a long time, the majority of private entrepreneurs have led the millions of workers to work hard, start hard work, and innovate with the spirit of innovation and perseverance. China's economic development can create a Chinese miracle, and the private economy has contributed!

Our party’s views on adhering to the basic economic system are clear and consistent, and have never wavered. China's public ownership economy has been formed in the course of national development for a long time, accumulating a large amount of wealth. This is the common wealth of all people. It must be kept well, used well, and developed well, so that it can continue to preserve its value and never let a large number of state-owned assets idle. Lost, wasted. We promote the reform and development of state-owned enterprises, strengthen the supervision of state-owned assets, and punish corruption in the field of state-owned assets for this purpose. At the same time, we emphasize that the public sector of the economy is consolidated and developed well. It is not antagonistic, but organically unified, to encourage, support and guide the development of the non-public sector of the economy. The public-owned economy and the non-public ownership economy should complement each other and complement each other, rather than mutually exclusive and offset each other.

For some time, some people in the society have published some remarks that negate and doubt the private economy. For example, some people have proposed the so-called "private economic departure theory", saying that the private economy has completed its mission and has to withdraw from the historical stage; some people have proposed the so-called "new public-private partnership theory" to misinterpret the current mixed ownership reform into a new round. Public-private partnerships; some people say that strengthening party building and trade union work is to control private enterprises, and so on. These statements are completely wrong and do not conform to the party's major policies.

Here, I want to stress once again that the status and role of the non-public economy in China's economic and social development has not changed! We have not wavered in the policy of encouraging, supporting and guiding the development of the non-public economy. Our policy of creating a good environment and providing more opportunities for the development of the non-public economy has not changed! China’s basic economic system has been written into the Constitution and the Party Constitution. This will not change and it cannot be changed. Any words and deeds that negate, doubt, or shake China's basic economic system are not in line with the party's and the state's principles and policies. Don't listen, don't believe! All private enterprises and private entrepreneurs can completely eat the heart and peace of mind to seek development!

In short, the basic economic system is a system that we must adhere to for a long time. The private economy is an intrinsic element of China's economic system. Private enterprises and private entrepreneurs are our own people. The private economy is an important achievement in the development of the socialist market economy, an important force for promoting the development of the socialist market economy, an important subject for promoting structural reforms on the supply side, promoting high-quality development, and building a modern economic system. It is also the long-term governance of our party. Uniting and leading the people of the whole country to realize the "two hundred years" struggle goal and the important power of the Chinese nation's great rejuvenation of the Chinese dream. In the new journey of building a well-off society in an all-round way and building a socialist modernized country in an all-round way, China's private economy can only grow and not be weakened. Not only can it not leave the market, but it must also move toward a broader stage.

  Second, a correct understanding of the difficulties and problems encountered in the current development of the private economy

Recently, some private enterprises have encountered many difficulties and problems in their business development. Some private entrepreneurs described it as encountering “three big mountains”: the iceberg of the market, the mountain of financing, and the volcano of transformation. These difficulties and problems are caused by many aspects, which are the result of multiple contradictions such as external factors and internal factors, objective reasons and subjective reasons.

The first is the result of changes in the international economic environment. For some time, the risk accumulation in the process of global economic recovery, protectionism and unilateralism have risen significantly, which has brought many adverse effects to China's economic and market expectations. Private enterprises account for 45% of China's total exports. Some private export enterprises will inevitably be affected. Private enterprises that are supporting or in the industrial chain will also be dragged down.

Second, the result of China's economy shifting from a high-speed growth phase to a high-quality development phase. At present, we are in the process of transforming the development mode, optimizing the economic structure, and transforming the growth momentum. The economic expansion rate will slow down, but the consumption structure is fully upgraded, the demand structure is rapidly adjusted, and higher requirements are placed on the quality and level of supply. It will inevitably bring transformation and upgrading pressure to enterprises. In the process of structural adjustment, industry concentration will generally rise, and superior enterprises will win. This is the normal competition result of the market survival of the fittest. In the market, there are fluctuations, economic ups and downs, structural adjustments, and institutional changes. Under such a complicated background, some private enterprises encounter difficulties and problems, which are inevitable, and are the long-term adjustment pressure brought about by objective environmental changes. For the requirements of high-quality development, private enterprises and state-owned enterprises need to adapt gradually.

The third is the result of inadequate policy implementation. In recent years, there have been many policy measures that we have introduced to support the development of the private economy, but many of them have not been implemented well and the results are not effective. Some departments and localities do not understand the major policies of the party and the state to encourage, support, and guide the development of private enterprises. There are policy deviations that should not exist in the work. They also protect the property rights, participate in market competition on an equal footing, and equally use production factors. There is a big gap. In some policy development processes, the preliminary research was insufficient, and the opinions of the enterprises were not fully heard. The actual impact of the policies was not well considered, and the necessary adjustment period was not given to the enterprises. Some policies are not in harmony with each other, policy effects are superimposed in the same direction, or the mode of work is simple, resulting in some original intentions that good policies have the opposite effect. For example, in the process of preventing and defusing financial risks, some financial institutions do not dare to lend or even directly lend loans to private enterprises, resulting in difficulties or even suspension of business mobility; in the process of “reform of the camps,” the regulations were not fully considered. The collection and management of some small and micro enterprises that require deductions increased the tax burden; in the process of improving the social security payment collection, the degree of adaptation of the enterprises in the process of change of the collection and management mechanism and the expected tightening effect were not fully considered. These problems should be solved according to the actual situation and create a good environment for the development of private enterprises.

At present, the difficulties encountered by China's private economy also have their own reasons. During the period of rapid economic growth, some private enterprises are relatively extensive in their operations. They are keen on paving the way, scale up, and have high debts. They are not standardized, unstable or even illegal in environmental protection, social security, quality, safety and credit. In the context of strengthening supervision and enforcement, there will inevitably be great pressure.

It should be acknowledged that the difficulties encountered by some private enterprises are realistic and even severe and must be highly valued. At the same time, we must also recognize that these difficulties are difficulties in development, problems in progress, and troubles in growth, and they can certainly be solved in development. I believe that as long as we adhere to the basic economic system and implement the party and state policies and policies, the private economy will certainly achieve greater development.

  Third, vigorously support the development of private enterprises

Maintaining strength, increasing confidence, and concentrating on doing our own things are key to our ability to address a variety of risk challenges. At present, China's economic operation is generally stable and stable, and the main indicators remain within a reasonable range. At the same time, the uncertainty of China's economic development has risen markedly, the downward pressure has increased, and business difficulties have increased. These are all problems that must be encountered in the process of progress.

In the face of difficult challenges, we must see favorable conditions and enhance our confidence in China’s economic development. First, China has great developmental resilience, potential and room for maneuver. China has a domestic demand market of more than 1.3 billion people. It is in the stage of simultaneous development of new industrialization, informationization, urbanization and agricultural modernization. The middle-income group is expanding and gestating a large number of consumption upgrades. Demand, the imbalance of urban and rural development has a considerable space for development. Second, China has good development conditions and material foundation, has the most complete industrial system in the world and continuously enhanced scientific and technological innovation capabilities, and the total savings rate is still at a relatively high level. Third, China's human capital is rich, with more than 900 million labor force, of which more than 170 million are highly educated or have professional skills. There are more than 8 million college graduates each year, and the comparative advantage of the labor force is still obvious. Fourth, China has a vast territory, abundant land resources, and huge potential for intensive land use, which also provides a good space for economic development. Fifth, comprehensive analysis of various factors, the fundamentals of China's economic development and stability have not changed, the conditions for supporting production factors supporting high-quality development have not changed, and the overall momentum of long-term stability has not changed. Compared with major economies, China's economy Growth is still at the forefront of the world. Sixth, China has a unique institutional advantage. We have strong leadership of the party, a political advantage of concentrating power to do big things, comprehensively deepening reforms, constantly releasing development momentum, and continuously improving macro-control capabilities.

From the perspective of the external environment, the world economy as a whole has shown a recovery and recovery momentum. Peace and development are still the trend of the times. In the first three quarters of this year, China's imports and exports maintained a steady growth momentum, and the total import and export trade with major trading partners increased. With the solid progress of the “One Belt and One Road”, the investment and trade cooperation between China and the countries along the “Belt and Road” has accelerated and become a new bright spot in our external economic environment.

In short, as long as we maintain our strategic strength, adhere to the general tone of steady progress, and take the supply-side structural reform as the main line and comprehensively deepen reform and opening up, our economy will certainly be able to accelerate into a high-quality development track and usher in a brighter future. Prospects.

In the process of China's economic development, we must continue to create a better environment for the private economy, help the private economy solve the difficulties in development, support the reform and development of private enterprises, change the pressure as the driving force, let the private economy innovate fully, let the private economy Create vitality full of bursts. To this end, we must do a good job in the implementation of six aspects of policy initiatives.

First, reduce the burden of corporate taxes and fees. We must do a good job in the supply-side structural reforms to reduce costs, and substantially reduce the burden on enterprises. It is necessary to increase the tax reduction efforts. We will promote substantial tax cuts such as value-added tax, and we must be simple and easy to operate, and enhance corporate access. For small and micro enterprises, technology-based start-ups can implement inclusive tax exemptions. According to the actual situation, the nominal rate of social security contributions should be lowered, and the payment method should be stabilized to ensure a substantial decline in the actual burden of corporate social security contributions. It is necessary to guard against evasion of taxes with the strictest standards, and to avoid the shutdown of enterprises that are functioning properly due to improper taxation. It is necessary to further clean up and streamline the administrative examination and approval items involved in private investment management and the fees charged by enterprises, standardize the intermediate links and intermediary organization behaviors, reduce the burden on enterprises, accelerate the promotion of zero fees for administrative and institutional charges, and reduce the cost of enterprises. Good practices in some places should be accelerated throughout the country.

Second, solve the problem of expensive financing for private enterprises. It is necessary to give priority to solving the problem of financing difficulties for private enterprises, especially small and medium-sized enterprises, and even failing to finance them, while gradually reducing financing costs. It is necessary to reform and improve the supervision and evaluation of internal financial institutions and the internal incentive mechanism, and link the performance appraisal of banks with the support of the development of the private economy, and solve the problem of not being willing to lend or reluctant to lend. It is necessary to expand financial market access, broaden the financing channels for private enterprises, and play the role of financing channels such as private banks, microfinance companies, venture capital, equity and bonds. For private enterprises with the risk of equity pledge liquidation, relevant parties and localities should pay close attention to research and adopt special measures to help enterprises tide over difficulties and avoid problems such as transfer of enterprise ownership. Guide local governments to provide necessary financial assistance to private enterprises that are in line with the optimization and upgrading of the economic structure and have prospects. Provincial governments and cities with separate plans can set up policy-based rescue funds on their own, and use a variety of means to help the industry leaders, large-scale employment, strategic emerging industries, etc. under the premise of strictly preventing illegal borrowing and strictly preventing the loss of state-owned assets. The key key private enterprises are bail-out. We must attach great importance to the issue of triangular debts, and correct some government departments and large enterprises to use their dominant position to bully and owe money to private enterprises.

Third, create a level playing field. It is necessary to break all kinds of "rolling doors", "glass doors" and "revolving doors", and create a level playing field for private enterprises in terms of market access, approval and approval, operation and operation, bidding, military and civilian integration, etc. Enterprise development creates sufficient market space. Private enterprises should be encouraged to participate in the reform of state-owned enterprises. It is necessary to promote the transformation of industrial policies from differentiation, selectivity to generalization and functionalization, clean up policy documents that violate fair, open and transparent market rules, and promote anti-monopoly and anti-unfair competition law enforcement.

Fourth, improve the way the policy is implemented. Regardless of how good the original policy is, it is necessary to consider the possible negative impacts, consider the difference between the actual implementation and the original intention of the policy, and consider whether there are overlapping effects with other policies and continuously improve the policy level. All localities and departments should proceed from reality, improve the art of work and management, strengthen policy coordination, refine and quantify policy measures, formulate relevant supporting measures, promote the implementation of various policies, and implement and let private enterprises from policy. Enhance the sense of acquisition. To de-capacity and de-leverage, we must implement the same standards for all types of enterprises, and we must not wear colored glasses to implement policies. We must not ask the private enterprises for loans. In order to improve the performance of government departments, in accordance with the direction of national macro-control, in the micro-enforcement process of security supervision, environmental protection and other fields to avoid simplification, adhere to the principle of seeking truth from facts, everything from the actual, the implementation of the policy can not engage in "one size fits all". It is necessary to combine the reform supervision work and promote the implementation of the reform plan for the private enterprise reform, such as the protection of property rights, the promotion of entrepreneurship, and the fair competition of the market, which are reviewed and approved by the Central Committee.

Fifth, build a new type of political and business relationship. Party committees and governments at all levels should implement the requirements for building a new type of political and business relationship with the Qing Dynasty, and support the development of private enterprises as an important task. They should spend more time and energy to care about the development of private enterprises and the growth of private entrepreneurs. The slogan on the lips. We require leading cadres to deal with private entrepreneurs to keep the bottom line and to make good positions. It does not mean that leading cadres can turn a blind eye to the legitimate demands of private entrepreneurs, protect their legitimate rights and interests, and actively take the initiative to be private enterprises. service. The main responsible comrades of relevant departments and localities should always listen to the reports and demands of private enterprises, especially in the case of difficulties and problems faced by private enterprises, and must actively serve and rely on the front to help solve practical difficulties. To support and guide state-owned enterprises, private enterprises, especially small and medium-sized enterprises to overcome difficulties, innovation and development work, should be included in the scope of assessment of cadres. People's organizations, industrial and commercial associations and other organizations should go deep into private enterprises to understand the situation, actively reflect the difficulties and problems encountered by enterprises in production and operation, and support enterprise reform and innovation. It is necessary to strengthen the guidance of public opinion, correctly publicize the party and the country's major policies, and clarify some wrong statements in a timely manner.

Sixth, to protect the personal and property safety of entrepreneurs. Stabilizing expectations and promoting entrepreneurship, safety is the basic guarantee. Our efforts to strengthen the anti-corruption struggle are the implementation of the party’s requirement to govern the party and to strictly manage the party. It is to punish the party’s corrupt elements, build a good political ecology, and resolutely oppose and correct the use of power for personal gain, money rights trading, corruption and bribery, and eating. Take cards, bully people and other violations. This is conducive to creating a healthy environment for the development of the private economy. In the process of performing duties, the discipline inspection and supervision organs sometimes need business operators to assist in investigations. In this case, it is necessary to identify problems, protect their legitimate personal and property rights, and protect the legitimate operations of enterprises. For some non-standard behaviors that have existed in the history of some private enterprises, we must look at the problems from a development perspective, deal with the principle of crimes and punishments, and the principle of suspicion of crimes, so that entrepreneurs can unload their thoughts and move forward lightly. I have repeatedly stressed the need to identify a number of wrong cases that have infringed upon the property rights of enterprises. Recently, the People's Court has reviewed several typical cases in accordance with the law, and the society has responded very well.

I have said that the non-public sector of the economy should develop healthily, provided that the non-public sector of the economy should grow up healthily. It is hoped that the private economy will strengthen self-learning, self-education and self-improvement. Private entrepreneurs should cherish their social image, love the motherland, love the people, love the Chinese Communist Party, practice the core values ​​of socialism, promote entrepreneurship, and be a model of patriotic dedication, law-abiding management, entrepreneurial innovation, and return to society. Private entrepreneurs should be righteous and take the right path, so that they can concentrate on running enterprises, comply with laws and regulations, and improve their competitiveness in legal compliance. Law-abiding management is the principle that any enterprise must abide by and is also the way to develop in the long run. It is necessary to improve the internal strength of the enterprise, especially to improve the management capacity and management level, improve the corporate governance structure, and encourage qualified private enterprises to establish a modern enterprise system. A new generation of private entrepreneurs must inherit and carry forward the spirit of the older generation's hard work, dare to dare to do, focus on industry, and do the main business, and strive to make the enterprise stronger and better. Private enterprises must also expand their international horizons, enhance their innovation capabilities and core competitiveness, and form more world-class enterprises with global competitiveness.

I will talk about this, thank you all.

  分析解读>>

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  Heavy! Xi Jinping gives the private enterprise a reassurance of the heart. It is called "self-person". To protect the personal and property safety of entrepreneurs, propose six measures.

  延伸阅读>>

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(Article source: Xinhuanet)

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Source: Xinhua Net Editor: Oriental Fortune Network

Xinhua News Agency, Beijing, November 1stSpeech at the private enterprise symposium

(November 1, 2018)

Xi Jinping

Hello everyone! Today, we convened this symposium mainly to listen to your opinions and suggestions on the economic development situation and the development of the private economy. First of all, I would like to extend my sincere greetings to all private entrepreneurs and private entrepreneurs throughout the country!

Just now, several representatives of private enterprises made a speech and put forward a lot of valuable opinions and suggestions. The relevant departments should seriously study and absorb them. Below, in conjunction with the speeches and concerns of everyone, I would like to make a few comments.

China's non-public ownership economy has been developed under the guidance of the party's principles and policies since the reform and opening up. The basic economic system in which the public ownership is the main body and the multiple ownership economies develop together is an important part of the socialist system with Chinese characteristics and an inevitable requirement for improving the socialist market economic system. After the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, our party broke the traditional concept of ownership on the issue of ownership and opened the door for the development of the non-public economy. In 1980, Zhang Huamei of Wenzhou received the first business license for individual industrial and commercial households. By 1987, the number of employees in various industries such as urban individual industry and commerce had reached 5.69 million, and a large number of private enterprises flourished. After the publication of Comrade Deng Xiaoping's southern talks in 1992, a new wave of entrepreneurship and development of the private economy was launched. Many well-known large private enterprises started this period.

The 15th National Congress of the Communist Party of China established the "public ownership as the main body and the common development of multiple ownership economies" as the basic economic system of China, and clearly stated that "the non-public economy is an important part of China's socialist market economy." The 16th National Congress of the Communist Party of China put forward "unswervingly consolidating and developing the public-owned economy" and "unswervingly encouraging, supporting and guiding the development of the non-public economy." The 18th National Congress of the Communist Party of China further proposed "to unswervingly encourage, support, and guide the development of the non-public economy, ensure that all forms of ownership economy use production factors in an equal manner, participate in market competition fairly, and be equally protected by law."

Since the 18th National Congress of the Communist Party of China, I have repeatedly reiterated that I will adhere to the basic economic system and insist that "the two are unwavering." The Third Plenary Session of the 18th CPC Central Committee proposed that the public-owned economy and the non-public economy are both important components of the socialist market economy and are important foundations for China's economic and social development; the public-owned economic property rights are inviolable, and the non-public economic property rights are equally inviolable. The state protects economic property rights and legitimate interests of all forms of ownership, upholds equal rights, equal opportunities, equal rules, abolishes unreasonable regulations on various forms of the non-public economy, eliminates various hidden barriers, and stimulates the vitality and creativity of the non-public economy. . The Fourth Plenary Session of the 18th CPC Central Committee proposed to "improve the system of property rights protection with fairness as the core principle, strengthen the protection of property rights of various ownership economic organizations and natural persons, and clean up laws and regulations that violate fairness." The Fifth Plenary Session of the 18th CPC Central Committee stressed the need to "encourage private enterprises to enter more fields in accordance with the law, introduce non-state-owned capital to participate in the reform of state-owned enterprises, and better stimulate the vitality and creativity of the non-public economy." The 19th National Congress of the Communist Party of China wrote the "two unwavering" writings into the new era and adhered to the basic strategy of developing socialism with Chinese characteristics, and further determined it as a major policy of the party and the state.

On March 4th, 2016, when I participated in the joint meeting of the Fourth Committee of the 12th National Committee of the Chinese People's Political Consultative Conference, the People's Republic of China and the Federation of Industry and Commerce, I made a speech on the issue of adhering to the basic economic system of China, and clarified that the party and the state treat the private economy. Policy. The purpose of opening this meeting today is to gather ideas, strengthen confidence, and work together to maintain and enhance the good momentum of China's private economy.

On October 20 this year, I specifically wrote back to the private entrepreneurs who were commended in the “Wanqi Help Wancun” campaign for the development of the private economy. They stressed that private enterprises have flourished in the past 40 years of reform and opening up, and the private economy has grown from small to large. Strengthening has played an important role in stabilizing growth, promoting innovation, increasing employment, and improving people's livelihood, and has become an important force in promoting economic and social development. Supporting the development of private enterprises is the consistent policy of the Party Central Committee. This will not be shaken.

  First, fully affirm the important position and role of China's private economy

This year marks the 40th anniversary of reform and opening up. In the past 40 years, China's private economy has grown from small to large and from weak to strong. By the end of 2017, the number of private enterprises in China exceeded 27 million, and the number of individual industrial and commercial households exceeded 65 million, with registered capital exceeding 165 trillion yuan. To sum up, the private economy has the characteristics of “five six seven seven nine”, that is, contributing more than 50% of taxes, more than 60% of GDP, more than 70% of technological innovations, and more than 80% of urban employment. , the number of enterprises above 90%. Among the world's top 500 enterprises, China's private enterprises increased from one in 2010 to 28 in 2018. China's private economy has become an indispensable force to promote China's development, becoming a major field of entrepreneurial employment, an important subject of technological innovation, and an important source of national taxation. It is the development of China's socialist market economy, the transformation of government functions, the transfer of surplus rural labor, International market development has played an important role. For a long time, the majority of private entrepreneurs have led the millions of workers to work hard, start hard work, and innovate with the spirit of innovation and perseverance. China's economic development can create a Chinese miracle, and the private economy has contributed!

Our party’s views on adhering to the basic economic system are clear and consistent, and have never wavered. China's public ownership economy has been formed in the course of national development for a long time, accumulating a large amount of wealth. This is the common wealth of all people. It must be kept well, used well, and developed well, so that it can continue to preserve its value and never let a large number of state-owned assets idle. Lost, wasted. We promote the reform and development of state-owned enterprises, strengthen the supervision of state-owned assets, and punish corruption in the field of state-owned assets for this purpose. At the same time, we emphasize that the public sector of the economy is consolidated and developed well. It is not antagonistic, but organically unified, to encourage, support and guide the development of the non-public sector of the economy. The public-owned economy and the non-public ownership economy should complement each other and complement each other, rather than mutually exclusive and offset each other.

For some time, some people in the society have published some remarks that negate and doubt the private economy. For example, some people have proposed the so-called "private economic departure theory", saying that the private economy has completed its mission and has to withdraw from the historical stage; some people have proposed the so-called "new public-private partnership theory" to misinterpret the current mixed ownership reform into a new round. Public-private partnerships; some people say that strengthening party building and trade union work is to control private enterprises, and so on. These statements are completely wrong and do not conform to the party's major policies.

Here, I want to stress once again that the status and role of the non-public economy in China's economic and social development has not changed! We have not wavered in the policy of encouraging, supporting and guiding the development of the non-public economy. Our policy of creating a good environment and providing more opportunities for the development of the non-public economy has not changed! China’s basic economic system has been written into the Constitution and the Party Constitution. This will not change and it cannot be changed. Any words and deeds that negate, doubt, or shake China's basic economic system are not in line with the party's and the state's principles and policies. Don't listen, don't believe! All private enterprises and private entrepreneurs can completely eat the heart and peace of mind to seek development!

In short, the basic economic system is a system that we must adhere to for a long time. The private economy is an intrinsic element of China's economic system. Private enterprises and private entrepreneurs are our own people. The private economy is an important achievement in the development of the socialist market economy, an important force for promoting the development of the socialist market economy, an important subject for promoting structural reforms on the supply side, promoting high-quality development, and building a modern economic system. It is also the long-term governance of our party. Uniting and leading the people of the whole country to realize the "two hundred years" struggle goal and the important power of the Chinese nation's great rejuvenation of the Chinese dream. In the new journey of building a well-off society in an all-round way and building a socialist modernized country in an all-round way, China's private economy can only grow and not be weakened. Not only can it not leave the market, but it must also move toward a broader stage.

  Second, a correct understanding of the difficulties and problems encountered in the current development of the private economy

Recently, some private enterprises have encountered many difficulties and problems in their business development. Some private entrepreneurs described it as encountering “three big mountains”: the iceberg of the market, the mountain of financing, and the volcano of transformation. These difficulties and problems are caused by many aspects, which are the result of multiple contradictions such as external factors and internal factors, objective reasons and subjective reasons.

The first is the result of changes in the international economic environment. For some time, the risk accumulation in the process of global economic recovery, protectionism and unilateralism have risen significantly, which has brought many adverse effects to China's economic and market expectations. Private enterprises account for 45% of China's total exports. Some private export enterprises will inevitably be affected. Private enterprises that are supporting or in the industrial chain will also be dragged down.

Second, the result of China's economy shifting from a high-speed growth phase to a high-quality development phase. At present, we are in the process of transforming the development mode, optimizing the economic structure, and transforming the growth momentum. The economic expansion rate will slow down, but the consumption structure is fully upgraded, the demand structure is rapidly adjusted, and higher requirements are placed on the quality and level of supply. It will inevitably bring transformation and upgrading pressure to enterprises. In the process of structural adjustment, industry concentration will generally rise, and superior enterprises will win. This is the normal competition result of the market survival of the fittest. In the market, there are fluctuations, economic ups and downs, structural adjustments, and institutional changes. Under such a complicated background, some private enterprises encounter difficulties and problems, which are inevitable, and are the long-term adjustment pressure brought about by objective environmental changes. For the requirements of high-quality development, private enterprises and state-owned enterprises need to adapt gradually.

The third is the result of inadequate policy implementation. In recent years, there have been many policy measures that we have introduced to support the development of the private economy, but many of them have not been implemented well and the results are not effective. Some departments and localities do not understand the major policies of the party and the state to encourage, support, and guide the development of private enterprises. There are policy deviations that should not exist in the work. They also protect the property rights, participate in market competition on an equal footing, and equally use production factors. There is a big gap. In some policy development processes, the preliminary research was insufficient, and the opinions of the enterprises were not fully heard. The actual impact of the policies was not well considered, and the necessary adjustment period was not given to the enterprises. Some policies are not in harmony with each other, policy effects are superimposed in the same direction, or the mode of work is simple, resulting in some original intentions that good policies have the opposite effect. For example, in the process of preventing and defusing financial risks, some financial institutions do not dare to lend or even directly lend loans to private enterprises, resulting in difficulties or even suspension of business mobility; in the process of “reform of the camps,” the regulations were not fully considered. The collection and management of some small and micro enterprises that require deductions increased the tax burden; in the process of improving the social security payment collection, the degree of adaptation of the enterprises in the process of change of the collection and management mechanism and the expected tightening effect were not fully considered. These problems should be solved according to the actual situation and create a good environment for the development of private enterprises.

At present, the difficulties encountered by China's private economy also have their own reasons. During the period of rapid economic growth, some private enterprises are relatively extensive in their operations. They are keen on paving the way, scale up, and have high debts. They are not standardized, unstable or even illegal in environmental protection, social security, quality, safety and credit. In the context of strengthening supervision and enforcement, there will inevitably be great pressure.

It should be acknowledged that the difficulties encountered by some private enterprises are realistic and even severe and must be highly valued. At the same time, we must also recognize that these difficulties are difficulties in development, problems in progress, and troubles in growth, and they can certainly be solved in development. I believe that as long as we adhere to the basic economic system and implement the party and state policies and policies, the private economy will certainly achieve greater development.

  Third, vigorously support the development of private enterprises

Maintaining strength, increasing confidence, and concentrating on doing our own things are key to our ability to address a variety of risk challenges. At present, China's economic operation is generally stable and stable, and the main indicators remain within a reasonable range. At the same time, the uncertainty of China's economic development has risen markedly, the downward pressure has increased, and business difficulties have increased. These are all problems that must be encountered in the process of progress.

In the face of difficult challenges, we must see favorable conditions and enhance our confidence in China’s economic development. First, China has great developmental resilience, potential and room for maneuver. China has a domestic demand market of more than 1.3 billion people. It is in the stage of simultaneous development of new industrialization, informationization, urbanization and agricultural modernization. The middle-income group is expanding and gestating a large number of consumption upgrades. Demand, the imbalance of urban and rural development has a considerable space for development. Second, China has good development conditions and material foundation, has the most complete industrial system in the world and continuously enhanced scientific and technological innovation capabilities, and the total savings rate is still at a relatively high level. Third, China's human capital is rich, with more than 900 million labor force, of which more than 170 million are highly educated or have professional skills. There are more than 8 million college graduates each year, and the comparative advantage of the labor force is still obvious. Fourth, China has a vast territory, abundant land resources, and huge potential for intensive land use, which also provides a good space for economic development. Fifth, comprehensive analysis of various factors, the fundamentals of China's economic development and stability have not changed, the conditions for supporting production factors supporting high-quality development have not changed, and the overall momentum of long-term stability has not changed. Compared with major economies, China's economy Growth is still at the forefront of the world. Sixth, China has a unique institutional advantage. We have strong leadership of the party, a political advantage of concentrating power to do big things, comprehensively deepening reforms, constantly releasing development momentum, and continuously improving macro-control capabilities.

From the perspective of the external environment, the world economy as a whole has shown a recovery and recovery momentum. Peace and development are still the trend of the times. In the first three quarters of this year, China's imports and exports maintained a steady growth momentum, and the total import and export trade with major trading partners increased. With the solid progress of the “One Belt and One Road”, the investment and trade cooperation between China and the countries along the “Belt and Road” has accelerated and become a new bright spot in our external economic environment.

In short, as long as we maintain our strategic strength, adhere to the general tone of steady progress, and take the supply-side structural reform as the main line and comprehensively deepen reform and opening up, our economy will certainly be able to accelerate into a high-quality development track and usher in a brighter future. Prospects.

In the process of China's economic development, we must continue to create a better environment for the private economy, help the private economy solve the difficulties in development, support the reform and development of private enterprises, change the pressure as the driving force, let the private economy innovate fully, let the private economy Create vitality full of bursts. To this end, we must do a good job in the implementation of six aspects of policy initiatives.

First, reduce the burden of corporate taxes and fees. We must do a good job in the supply-side structural reforms to reduce costs, and substantially reduce the burden on enterprises. It is necessary to increase the tax reduction efforts. We will promote substantial tax cuts such as value-added tax, and we must be simple and easy to operate, and enhance corporate access. For small and micro enterprises, technology-based start-ups can implement inclusive tax exemptions. According to the actual situation, the nominal rate of social security contributions should be lowered, and the payment method should be stabilized to ensure a substantial decline in the actual burden of corporate social security contributions. It is necessary to guard against evasion of taxes with the strictest standards, and to avoid the shutdown of enterprises that are functioning properly due to improper taxation. It is necessary to further clean up and streamline the administrative examination and approval items involved in private investment management and the fees charged by enterprises, standardize the intermediate links and intermediary organization behaviors, reduce the burden on enterprises, accelerate the promotion of zero fees for administrative and institutional charges, and reduce the cost of enterprises. Good practices in some places should be accelerated throughout the country.

Second, solve the problem of expensive financing for private enterprises. It is necessary to give priority to solving the problem of financing difficulties for private enterprises, especially small and medium-sized enterprises, and even failing to finance them, while gradually reducing financing costs. It is necessary to reform and improve the supervision and evaluation of internal financial institutions and the internal incentive mechanism, and link the performance appraisal of banks with the support of the development of the private economy, and solve the problem of not being willing to lend or reluctant to lend. It is necessary to expand financial market access, broaden the financing channels for private enterprises, and play the role of financing channels such as private banks, microfinance companies, venture capital, equity and bonds. For private enterprises with the risk of equity pledge liquidation, relevant parties and localities should pay close attention to research and adopt special measures to help enterprises tide over difficulties and avoid problems such as transfer of enterprise ownership. Guide local governments to provide necessary financial assistance to private enterprises that are in line with the optimization and upgrading of the economic structure and have prospects. Provincial governments and cities with separate plans can set up policy-based rescue funds on their own, and use a variety of means to help the industry leaders, large-scale employment, strategic emerging industries, etc. under the premise of strictly preventing illegal borrowing and strictly preventing the loss of state-owned assets. The key key private enterprises are bail-out. We must attach great importance to the issue of triangular debts, and correct some government departments and large enterprises to use their dominant position to bully and owe money to private enterprises.

Third, create a level playing field. It is necessary to break all kinds of "rolling doors", "glass doors" and "revolving doors", and create a level playing field for private enterprises in terms of market access, approval and approval, operation and operation, bidding, military and civilian integration, etc. Enterprise development creates sufficient market space. Private enterprises should be encouraged to participate in the reform of state-owned enterprises. It is necessary to promote the transformation of industrial policies from differentiation, selectivity to generalization and functionalization, clean up policy documents that violate fair, open and transparent market rules, and promote anti-monopoly and anti-unfair competition law enforcement.

Fourth, improve the way the policy is implemented. Regardless of how good the original policy is, it is necessary to consider the possible negative impacts, consider the difference between the actual implementation and the original intention of the policy, and consider whether there are overlapping effects with other policies and continuously improve the policy level. All localities and departments should proceed from reality, improve the art of work and management, strengthen policy coordination, refine and quantify policy measures, formulate relevant supporting measures, promote the implementation of various policies, and implement and let private enterprises from policy. Enhance the sense of acquisition. To de-capacity and de-leverage, we must implement the same standards for all types of enterprises, and we must not wear colored glasses to implement policies. We must not ask the private enterprises for loans. In order to improve the performance of government departments, in accordance with the direction of national macro-control, in the micro-enforcement process of security supervision, environmental protection and other fields to avoid simplification, adhere to the principle of seeking truth from facts, everything from the actual, the implementation of the policy can not engage in "one size fits all". It is necessary to combine the reform supervision work and promote the implementation of the reform plan for the private enterprise reform, such as the protection of property rights, the promotion of entrepreneurship, and the fair competition of the market, which are reviewed and approved by the Central Committee.

Fifth, build a new type of political and business relationship. Party committees and governments at all levels should implement the requirements for building a new type of political and business relationship with the Qing Dynasty, and support the development of private enterprises as an important task. They should spend more time and energy to care about the development of private enterprises and the growth of private entrepreneurs. The slogan on the lips. We require leading cadres to deal with private entrepreneurs to keep the bottom line and to make good positions. It does not mean that leading cadres can turn a blind eye to the legitimate demands of private entrepreneurs, protect their legitimate rights and interests, and actively take the initiative to be private enterprises. service. The main responsible comrades of relevant departments and localities should always listen to the reports and demands of private enterprises, especially in the case of difficulties and problems faced by private enterprises, and must actively serve and rely on the front to help solve practical difficulties. To support and guide state-owned enterprises, private enterprises, especially small and medium-sized enterprises to overcome difficulties, innovation and development work, should be included in the scope of assessment of cadres. People's organizations, industrial and commercial associations and other organizations should go deep into private enterprises to understand the situation, actively reflect the difficulties and problems encountered by enterprises in production and operation, and support enterprise reform and innovation. It is necessary to strengthen the guidance of public opinion, correctly publicize the party and the country's major policies, and clarify some wrong statements in a timely manner.

Sixth, to protect the personal and property safety of entrepreneurs. Stabilizing expectations and promoting entrepreneurship, safety is the basic guarantee. Our efforts to strengthen the anti-corruption struggle are the implementation of the party’s requirement to govern the party and to strictly manage the party. It is to punish the party’s corrupt elements, build a good political ecology, and resolutely oppose and correct the use of power for personal gain, money rights trading, corruption and bribery, and eating. Take cards, bully people and other violations. This is conducive to creating a healthy environment for the development of the private economy. In the process of performing duties, the discipline inspection and supervision organs sometimes need business operators to assist in investigations. In this case, it is necessary to identify problems, protect their legitimate personal and property rights, and protect the legitimate operations of enterprises. For some non-standard behaviors that have existed in the history of some private enterprises, we must look at the problems from a development perspective, deal with the principle of crimes and punishments, and the principle of suspicion of crimes, so that entrepreneurs can unload their thoughts and move forward lightly. I have repeatedly stressed the need to identify a number of wrong cases that have infringed upon the property rights of enterprises. Recently, the People's Court has reviewed several typical cases in accordance with the law, and the society has responded very well.

I have said that the non-public sector of the economy should develop healthily, provided that the non-public sector of the economy should grow up healthily. It is hoped that the private economy will strengthen self-learning, self-education and self-improvement. Private entrepreneurs should cherish their social image, love the motherland, love the people, love the Chinese Communist Party, practice the core values ​​of socialism, promote entrepreneurship, and be a model of patriotic dedication, law-abiding management, entrepreneurial innovation, and return to society. Private entrepreneurs should be righteous and take the right path, so that they can concentrate on running enterprises, comply with laws and regulations, and improve their competitiveness in legal compliance. Law-abiding management is the principle that any enterprise must abide by and is also the way to develop in the long run. It is necessary to improve the internal strength of the enterprise, especially to improve the management capacity and management level, improve the corporate governance structure, and encourage qualified private enterprises to establish a modern enterprise system. A new generation of private entrepreneurs must inherit and carry forward the spirit of the older generation's hard work, dare to dare to do, focus on industry, and do the main business, and strive to make the enterprise stronger and better. Private enterprises must also expand their international horizons, enhance their innovation capabilities and core competitiveness, and form more world-class enterprises with global competitiveness.

I will talk about this, thank you all.

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(Article source: Xinhuanet)