The General Secretary guides the development of the private economy: broad prospects and great potential

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On the morning of February 17, 2025, General Secretary of the CPC Central Committee, President of the People's Republic of China, and Chairman of the Central Military Commission Xi Jinping attended a private enterprise symposium in Beijing and delivered an important speech.

General Secretary Xi Jinping emphasized that the Party and the state’s basic policies and policies for the development of the private economy have been incorporated into the socialist system with Chinese characteristics and will be consistently adhered to and implemented, and cannot be changed, nor will it change. The development prospects of the private economy in the new era and new journey are broad and there is great potential. It is timely that private enterprises and private entrepreneurs show their skills. We must unify our thinking, strengthen our confidence, and promote the healthy and high-quality development of the private economy. We hope that private enterprises and private entrepreneurs will have ambition to serve the country, be committed to seeking development, abide by the law and be good at operating, and first become rich to promote common prosperity, so as to make new and greater contributions to promoting Chinese-style modernization.

General Secretary Xi Jinping pays great attention to and attaches great importance to the private economy, and always firmly encourages and guides the development and growth of the private economy on different occasions. (Ren Jiahui)

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