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A new chapter in the private economy | Going far into the "new" Private enterprises start to "accelerate"
2025-05-11 source:Xinhua News Agency


The private economy is an important foundation for high-quality development, and private enterprises are the key force in developing new quality productivity. For some time, it is the right time to strive forward. Private enterprises are taking innovation as the engine to actively deploy new tracks and new industries, cultivate new quality productivity, and accelerate their competition towards the future.

As of now, my country has cultivated a total of 605,000 technology and innovative small and medium-sized enterprises and more than 490,000 high-tech enterprises, most of which are private enterprises. Among national high-tech enterprises, the proportion of private enterprises has expanded to more than 92%. The development of private enterprises has become an important force in my country's scientific and technological progress and technological innovation.

The 2025 government work report mentioned that a future industrial investment growth mechanism should be established and future industries such as biomanufacturing, quantum technology, embodied intelligence, and 6G should be cultivated. Vigorously developing future industries is a strategic choice to lead scientific and technological progress, drive industrial upgrading, and face the future.

Capting innovation is grasping development, and seeking innovation is seeking the future. Aiming at the future, private enterprises are accelerating innovation and pursuing a new trajectory of high-quality development.

Director: Cai Zhijian

Comprehensive Xinhua News Agency reporter report

Produced by Xinhua News Agency Audio and Video Department

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