2026-03-17
A mighty spring breeze opens a new journey | The Two Sessions gather consensus to draw a grand blueprint
The 2026 National Two Sessions
Fall right at the opening year of the "15th Five-Year Plan"
Standing at the critical junction of century-long changes and national rejuvenation
Rooted in public voice, centered on development
Outlining the coordinates for progress of our times
Artificial intelligence activates the core of new-quality productivity
Green development anchors the course for sustainable development
Private sector economy solidifies the foundation of the real economy
"Anti-involution" conveys social consensus for high-quality development
...
Each hot keyword
Is both a precise landing point of national strategy
And a vivid expression of what people aspire to
Combines policy height, development depth, and public well-being breadth
Focusing on hot keywords from the Two Sessions
Decode the deep implications of policies, gain insights into the trends of the times
Resonate in sync with the nation
March together toward a new journey of high-quality development
This issue focuses on hot keywords from the Two Sessions
To interpret "private sector economy" for you

Empowered by policies and regulations
Private sector development enjoys strong foundation and firm confidence
The confidence of private enterprises comes from the guarantee of a fair, continuous and predictable policy system. From the Government Work Report to the Outline of the 15th Five-Year Plan, a series of arrangements including "fully stimulate the vitality of all types of business entities", "adhere to and implement the 'two unwavering principles'", "improve supporting laws and regulations for the Private Sector Promotion Law, and guarantee equal access to factors of production, fair participation in market competition, and effective protection of legitimate rights and interests through legal and institutional means" have continuously improved the policy system escorting the development of the private sector, laying a solid foundation for private enterprises to move forward steadily.
At the same time, facing the 15th Five-Year Plan period, private enterprises will welcome an even broader development stage. The Government Work Report clearly proposes to implement policy measures to promote private investment, improve the long-term mechanism for private enterprises to participate in major project construction, guide private investment to expand into new tracks such as high-tech and modern service industries, so as to effectively stimulate the vitality of private investment.
The Outline of the 15th Five-Year Plan further clarifies that a new round of high-quality development actions for key manufacturing industry chains will be implemented to foster a number of national advanced manufacturing clusters; cultivate and expand emerging industries and future industries, and build a mechanism to promote the development and growth of specialized, refined, innovative and niche small and medium-sized enterprises, which opens up broad prospects for the development of the private sector.

Promote the spirit of entrepreneurship
Activate the "power source" of high-quality development
Over more than 40 years of reform and opening up, batch after batch of outstanding Chinese enterprises and entrepreneurs with ideals and aspirations have emerged. It is through their day-in and day-out, round-the-clock efforts in running businesses, pursuing development and managing enterprises, it is this tireless, dedicated spirit, and unwavering drive to push forward the wheel of Chinese economy, that China has gained its current international status as an economic power and a major manufacturing country, and achieved the current prosperity of the people and strength of the nation.
Mr. Liu Hanyuan, Chairman of the Board of Directors of Tongwei Group, Vice Chairman of the All-China Federation of Industry and Commerce and Deputy to the National People's Congress, stated that the positive value and significance of entrepreneurs and the entrepreneurial spirit, as well as the driving force, leading momentum and exemplary role they bring to the whole society, and the huge wealth and source of progress they provide to society, should never be underestimated at any time, should always be respected and revered, and should be promoted and protected at all times.

Private enterprises are both beneficiaries of reform and opening up, and also major participants and promoters. Now, on how to absorb and carry forward the experience accumulated over decades of reform and opening up, the whole society should once again attach importance to and create an atmosphere where getting rich through hard work and creating wealth are honorable. This sound atmosphere for entrepreneurship plays a very important role in spiritually supporting and encouraging private entrepreneurs, especially after private enterprises have reached a certain scale and solved basic livelihood issues. In this process, with favorable policy conditions and a sound social public opinion environment, private entrepreneurs are willing to continue to strive forward, which is an important prerequisite for the continued sound development of the private sector. At the same time, enterprises should also fully recognize that innovation is an important foundation and prerequisite for enterprises to participate in international competition. Whether it is continuous improvement of efficiency, continuous advancement of R&D, continuous reduction of costs, or effective expansion of scale, innovation plays an important role in promoting industrial development.
Chairman Liu Hanyuan stated that the private sector in the new era has more opportunities and is presented with the right historic moment, and should be developed with greater boldness. In this process, it requires not only private enterprises themselves to go all out and forge ahead, but also all sectors of society to create a relaxed and sound public opinion environment, and truly correctly understand that all forms of ownership are necessary and important components of China's high-quality development in the past, present and future. Only with effective systems and mechanisms and efficient enterprise operation can the international competitiveness of China's industries, products and capital be maintained, truly support the sustained sound development of the domestic economy, and the great rejuvenation of the Chinese nation can be truly full of hope.
Consensus is taking shape. To stimulate the vitality of the private sector, we need both precise policy escort and continuous optimization of the environment to remove barriers, reduce burdens, and support and encourage private enterprises in their development; and we also need private enterprises to take initiative and strengthen internal capabilities, and enhance core competitiveness by integrating into national strategies and focusing on innovation in their main businesses. With two-way efforts, we will jointly promote the private sector to move from "growing in number" to "growing in strength".
