Skyline of Hangzhou's CBD and new experimental fields, the city with the densest concentration of new-tech private enterprises in China, November 10. 2024. /CFP
Editor's note:Liu Qiang is a research fellow at the Academy of Financial Research, School of Economics of Zhejiang University of China. The article reflects the author's opinions and not necessarily the views of CGTN.
On February 17. 2025. a symposium on private enterprises was held in Beijing, highlighting the vast and promising prospects for their development and journey in the new era. Since the 18th National Congress of the Communist Party of China, the government has consistently emphasized the significance of private enterprises and made meticulous arrangements aimed at fostering their healthy and high-quality growth. Undoubtedly, the significant development of private enterprises during economic transformation originates from both internal driving forces and institutional incentives.