Home > News

Private sector development conference held in Wenjiang

A conference focusing on the healthy development of the private sector recently kicked off in Wenjiang district, Chengdu, Sichuan province, with 260 private entrepreneurs attending.

Local officials said at the conference that the district will roll out preferential policies to encourage and support the development of private enterprises, and will make improving its business environment its top priority.

They also said that the district will spare no effort in helping private enterprises reduce costs, eliminate hassle, grow bigger and stronger, and promote innovation.

A conference focusing on the healthy development of the private sector kicks off in Wenjiang. [Photo/cnr.cn]

The district will create a fair and transparent market environment, a convenient and efficient administrative environment, and a just and orderly legal environment.

Moreover, a number of outstanding private enterprises, entrepreneurs, and advanced work units received awards for their contributions to the development of the private sector.

Wenjiang has been listed as one of China's top 100 best districts for seven consecutive years, and one of Sichuan's top 10 districts for 21 consecutive years.

These achievements have been greatly attributed to the strength of its private sector. Statistics show that private enterprises account for 97.8 percent of the district's market entities, 65.7 percent of its fixed asset investment and 48.9 percent of its GDP.

Also, 95.7 percent of the district's hi-tech enterprises are private, and their research investments account for 71.6 percent of the district's total.

A total of 260 private entrepreneurs attend the conference on the private sector in Wenjiang. [Photo/cnr.cn]