People's Review: Focus on Listening and Doing Practical Things

Release time:Apr 16, 2024 21:17 PM

Not long ago, with the official approval of the Central Compilation Office, the National Development and Reform Commission established the Private Economy Development Bureau as a specialized agency to promote the development and growth of the private economy. This is a major decision and deployment made by the Party Central Committee and the State Council, which will provide strong organizational support for promoting the development of the private economy.

Private economy is an important part of China's economy and a new force to promote Chinese path to modernization.The establishment of the Private Economy Development Bureau reflects the high importance that the Party Central Committee and the State Council attach to the private economy, and is another specific measure to adhere to the "two unwavering" and "three unchanged" principles.

This exploration has experience to follow. For example, in 2019, Qingdao and Jinan cities in Shandong Province successively established the Private Economy Development Bureau, striving to be the "shop assistant" and "mother family" of private enterprises, helping them break through the "glass door", "spring door", and "revolving door" of market access. For example, in 2018, Wenzhou City, Zhejiang Province established the Private Economy Health Development Promotion Bureau, dedicated to promoting the healthy development of the non-public economy, promoting the healthy growth of non-public economy personnel, and creating new advantages in the development of the private economy. The reform and innovation practices from local areas have provided experience for the establishment of private economic development bureaus at the national level.

The establishment of new institutions is necessary for the situation. Currently, China's economic recovery is undergoing a process of wave like development and tortuous progress. The external environment is complex and severe, and domestic demand is insufficient. Many private enterprises are facing some problems and difficulties. In the first seven months of this year, the total profit of private industrial enterprises above designated size in China decreased by 10.7% year-on-year, and private investment decreased by 0.5% year-on-year. Therefore, in response to the new situation, it is urgent to establish specialized working institutions to promote the early implementation and effective results of various major measures, boost the expectations and confidence of the private economy, and stimulate the vitality of its development.

Establishing new institutions to enhance cohesion. Private economy work involves a wide range of areas and strong policy implications. Previously, policies related to the development of the private economy were scattered across different departments, and there were some obstacles in policy coordination and resource coordination, which affected the systematic nature of policies. As a department of macroeconomic regulation and economic integration, the National Development and Reform Commission has established the Private Economy Development Bureau, which will better play the role of overall coordination and comprehensive policy implementation, form a working force, and avoid multiple political outlets and policy effects offsetting each other.

In addition, the establishment of new institutions is also conducive to smooth communication channels, improving policy targeting and timeliness. Previously, the voice of the private economy was more reflected through systems such as the Federation of Industry and Commerce, the Chinese People's Political Consultative Conference, and some industry associations. The Private Economy Development Bureau directly connects with the private economy, further facilitating communication channels between private enterprises and the government. It can enable real-time feedback on the operation of the private economy and enterprise demands to the policy-making department, which is conducive to timely discovering and solving problems.

The newly established Private Economy Development Bureau has high expectations from all sectors of society. The National Development and Reform Commission stated that the new institution will focus on listening and doing practical work. Listening, mainly listening to the real voice and development demands of private enterprises, and establishing a normalized communication mechanism with private enterprises; Be practical, pay attention to tracking and questioning the effectiveness of policy implementation, and ensure that policy implementation is detailed. There is a heated discussion among netizens, hoping that the Private Economic Development Bureau will become the "mother and family" of private enterprises and entrepreneurs, indicating that all sectors of society are hoping that the new institutions can truly solve problems and problems for private enterprises.

Since the beginning of this year, the policy support for the development of the private economy has been continuously strengthened. After the release of the Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy, various regions and departments have launched a series of policy measures to assist the development and growth of the private economy. Taking the establishment of a private economic development bureau as a new starting point, we believe that the environment for private economic development will be further optimized, and vitality will be fully unleashed, injecting more impetus into high-quality development.

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