What is always an important economic foundation for upholding and developing Socialism with Chinese characteristics?

Private economy has always been an important economic foundation for upholding and developing Socialism with Chinese characteristics.

as our own people, private economic people are always an important force that we must unite and rely on. Fully understanding the importance of private economy to China's economic and social development, the long-term and inevitability of its existence and development, and promoting the innovative development of United front work of private economy in the new era are conducive to continuously strengthening the party's leadership over private economy.

strengthening the United front work of private economy is an important guarantee to promote the high-quality development of private economy. Deepening supply-side structural reform and realizing high-quality economic development urgently require private enterprises to accelerate transformation and upgrading and improve the overall quality of private entrepreneurs.

strengthening the United front work of private economy is conducive to guiding private economic people to firmly develop their confidence, improve their innovation ability, encourage and support private enterprises to change their development mode, adjust their industrial structure and change their growth momentum, and promote the better development of private economy.

the importance of private economy

1. the development of private economy is conducive to the diversification and clarity of enterprise property rights, which is conducive to the separation of government from enterprises and the separation of ownership and management rights.

2. The operating mechanism of the private economy is closest to that of the market economy, and the law of value, supply and demand and competition are fully reflected in the private economy, so the private economy has a certain reference for the reform of the state-owned economy.

3. The development of private economy is conducive to increasing supply and improving people's living standards and quality of life.

4. Private economy is relatively dispersed, small in scale and easy to absorb labor, which is conducive to increasing social employment.

5. The private economy helps to mobilize various enthusiasm. Because the ownership form and operating characteristics of the means of production are different from the traditional economic form, the enthusiasm of owners, operators and workers can be fully mobilized.

6. During the development of private economy, management and management talents who can adapt to the laws of market economy have been trained and brought up.