National Bureau of Statistics: China's economic development has vast potential, and private investment growth has support.

The National Bureau of Statistics spokesperson Fu Linghui stated at the press conference held by the State Council Information Office on September 15 that despite the profound and complex changes in the domestic and international environment, some private enterprises are facing difficulties in production and operation, and private investment is under certain pressure. However, looking at future development, China's economic development has vast space and there is support for the growth of private investment. First, high-quality development is being solidly promoted, creating space for the growth of private investment. Private enterprises are the backbone of innovation and development, and are important drivers of high-quality development. With the solid promotion of high-quality development in China, private enterprises are vigorously promoting the development of green industries such as new energy vehicles, photovoltaics, and lithium batteries, actively laying out future industries such as artificial intelligence, collaborative robots, etc., which will further expand the space for the development of private investment. Second, private enterprises have strong resilience and vitality, providing a foundation for the growth of private investment. The majority of private enterprises dare to take risks, have a keen sense of market demand and technological frontiers, and respond quickly, demonstrating high flexibility and adaptability. This year, faced with external challenges, private enterprises have overcome difficulties, adapted flexibly, actively expanded markets, ensured production, and demonstrated strong development resilience and innovative vitality. Third, strong policy support ensures the growth of private investment. The implementation of the "Private Economy Promotion Law" has sent a strong signal to promote the development of the private economy. All regions and departments are actively improving the government investment-driven social investment system mechanism, continuously optimizing the access environment for private investment, and continuously strengthening financial and factor guarantees, which is conducive to mobilizing the enthusiasm of private investment and promoting stable development of private investment.