郑永年建言：实施民营经济促进法，深圳应“抓小放大”促创新

Core Viewpoint - The implementation of the "Private Economy Promotion Law" on May 20 is expected to inject new momentum into the development of the private economy in China, with significant implications for market stability and entrepreneur confidence [1][3]. Group 1: Legal Framework and Institutional Support - The law provides a systematic guarantee for the rights and interests of private enterprises, marking a milestone in legal support for the private economy [3]. - The Chinese government has consistently emphasized the importance of private enterprises through constitutional amendments and various supportive policies over the years [3]. Group 2: Innovation and Economic Contribution - Private enterprises are identified as the main source of innovation in China's economy, contributing over 50% of tax revenue, 60% of GDP, 70% of technological innovations, 80% of urban employment, and 90% of the total number of enterprises [6]. - The law is expected to facilitate reforms and policies that will allow private enterprises to innovate boldly and enjoy equal legal status with state-owned enterprises, enhancing their development opportunities [4][6]. Group 3: Recommendations for Shenzhen - Shenzhen is advised to adopt a multi-faceted approach to implement the Private Economy Promotion Law, focusing on nurturing small and medium-sized enterprises (SMEs) and specialized innovative companies [5][6]. - The city should leverage its unique legislative powers to effectively implement the law while considering the integration with the Greater Bay Area and the needs of foreign investments [7].