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private economy
民营经济
Chinese authorities have issued a guideline on boosting the growth of the private economy, promising to improve its business environment, enhance policy support, and strengthen the legal guarantee for its development. The document was released by the Communist Party of China Central Committee and the State Council.
《中共中央 国务院关于促进民营经济发展壮大的意见》7月19日发布。《意见》围绕持续优化民营经济发展环境、加大对民营经济政策支持力度、强化民营经济发展法治保障等方面提出政策措施。
We will provide an enabling environment for private enterprises, protect their property rights and the rights and interests of entrepreneurs in accordance with the law, and facilitate the growth of the private sector. We will improve the modern corporate system with distinctive Chinese features, encourage entrepreneurship, and move faster to help Chinese companies become world-class outfits. We will support the development of micro, small, and medium enterprises. We will intensify reforms to streamline government administration, delegate power, improve regulation, and upgrade services. We will build a unified national market, advance reforms for the market-based allocation of production factors, and put in place a high-standard market system. We will refine the systems underpinning the market economy, such as those for property rights protection, market access, fair competition, and social credit, in order to improve the business environment.
优化民营企业发展环境，依法保护民营企业产权和企业家权益，促进民营经济发展壮大。完善中国特色现代企业制度，弘扬企业家精神，加快建设世界一流企业。支持中小微企业发展。深化简政放权、放管结合、优化服务改革。构建全国统一大市场，深化要素市场化改革，建设高标准市场体系。完善产权保护、市场准入、公平竞争、社会信用等市场经济基础制度，优化营商环境。
Vocabulary:
相关词汇:
national rejuvenation
民族复兴
intellectual property right
知识产权
high-quality development
高质量发展
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