Support capable private enterprises to lead major national technological breakthroughs

On July 19, the "Decision of the Central Committee of the Communist Party of China on Further Deepening Reform in an All-round Way and Promoting the Chinese path to modernization" was reviewed and approved. Today, the Central Committee of the Communist Party of China introduced the interpretation of the spirit of the Third Plenary Session. The "Decision" emphasizes the need to improve the long-term mechanism for private enterprises to participate in the construction of major national projects, support capable private enterprises to take the lead in undertaking major national technological research tasks, and standardize the administrative inspection of private enterprises. The rule of law is the best business environment, and a private enterprise promotion law should be formulated and promulgated.