CCTV News (News Network): Since the beginning of this year, from the central government to the local government, a series of policy measures to promote the development and growth of the private economy have been implemented and effective. The space for private investment has been continuously expanded, the innovation capacity of the private economy has continued to increase, and the momentum for high-quality development is strong.

Since the beginning of the year, the vitality of private investment in the country has burst out. The reporter found that compared with previous years, the proportion of private investment in the list of major projects in various places has increased significantly. Not long ago, among the 1,006 major projects started in Shandong, the number of private enterprises and the investment amount exceeded half; the total investment of major projects promoted by Beijing to private capital this year shall not be less than 200 billion yuan, and factor guarantee shall be carried out with greater efforts; Jiangsu requires that the equity ratio of private enterprises shall not be less than 10% of the newly approved offshore wind power projects this year.

The policy benefits of supporting private enterprises to participate in major projects are transforming into tangible development confidence. The latest data from the National Bureau of Statistics shows that from January to February this year, private investment in manufacturing increased by 10.2% year-on-year, and private investment in infrastructure increased by 8.0% year-on-year. Data from the China Association of Small and Medium Enterprises shows that in February, China's Small and Medium Enterprises Development Index was 89.8, the highest in the past four years.

While investment vitality continues to be released, a number of "new forces" of technology-based private enterprises are emerging at an accelerated pace. Today, among the national high-tech enterprises, there are more than 420,000 private enterprises, accounting for more than 92%. Private enterprises are accelerating their shift from traditional labor-intensive to technology-driven, and are gradually entering the center of the innovation stage.

Behind the surging vitality of the private economy, a series of policy measures are targeting the difficulties and pain points of private enterprises to make precise efforts. The "Coordination Working Mechanism for Supporting Financing of Small and Micro Enterprises" jointly established by the National Development and Reform Commission and the State Administration for Financial Regulation has accelerated the solution to the financing difficulties of small and micro enterprises. As of February this year, the cumulative credit of various places exceeded 10 trillion yuan. At present, the National Development and Reform Commission has collected 2,266 problems and demands reported by private enterprises, and has handled and further tracked and evaluated 1,097 results, and has taken multiple measures to promote the resolution of problems and demands of private enterprises.