经营质效见韧性 资本市场是促进民营经济发展壮大的重要平台。目前，科创板民营企业占比超八成，市值超3.8万亿 元。 科创板民企首发募集资金超过5300亿元，资金大部分投向研发及产业化项目，加速了各领域的产业升级 与经济发展。 科创板民营企业经营质效、发展活力、投资信心实现稳步提升。2024年度，科创板民营企业合计实现营 收9091.97亿元，实现净利润225.99亿元。其中，195家科创板民营企业的营业收入、净利润双增长，41 家公司营业收入增速超50%，86家公司净利润增速超50%。 结合2024年业绩表现看，158家公司营业收入超10亿元，145家公司净利润超1亿元。部分企业实现跨越 式发展，154家公司上市后营收实现翻番，70家公司净利润实现翻倍或扭亏为盈，形成"创新—资本—产 业"的良性循环。 民营企业的回款效率是实现长期健康发展的重要基础。2024年度，科创板民营企业整体回款情况得到改 善，销售商品、提供劳务收到的现金金额合计1.05万亿元，同比增加3.7%，较收入增速高出2个百分 点。回款效率的提升进一步提高了科创板民营企业研发资金可获得性，为持续创新提供了现金流保障。 研发创新显活力 创新是科创板 ...

5月15日，长江商学院在北京校区发布了2025年第一季度《投资者情绪调查报告》(以下简称"报告")， 这是该学院第17次发布此类调查。报告基于2025年4月的问卷调查数据，结合A股上市公司2025年第一 季度财报及其他国内外资本市场和宏观数据，深入分析了中国资本市场投资者的情绪和预期。 调查结果显示，投资者对A股的情绪在2024年7月后回暖回升。投资者对房地产的预期于2023年9月后有 所回暖，目前整体仍然处于较为消极的情绪，但这一情绪在减弱。本次调查适逢美国加大对我国贸易战 力度期间，投资者认为贸易纠纷短期内会给我国带来较大压力，但长期而言，影响偏正面。投资者对我 国在重要科技领域的领先地位有信心，认为会有更大增长。约54.4%的受访者认为我国在人工智能方面 世界领先，比2024年11月提高了14.7%个百分点；约55%的受访者认为我国在新能源领域处于世界领先 地位，比2021年4月提高了19.2个百分点。 A股情绪回暖，但仍面临短期波动 自2021年年末以来，A股市场经历了持续下跌。从2021年12月至2024年8月，上证综指和深证综指分别 累计下跌21.9%和39%。在2024年7月的调查中，受访者中认 ...

Policy Tracking - The core viewpoint of the article emphasizes the introduction of a comprehensive financial policy aimed at stabilizing the stock market, real estate market, and enhancing financial support for private and technology-driven enterprises [1][2]. 1. Financial Policy Measures - On May 7, a press conference was held to introduce a "package of financial policies" to support market stability and expectations, detailing three major types of monetary policy measures and ten specific initiatives [1]. - The central bank's measures include a comprehensive reduction in reserve requirements and interest rate cuts on structural monetary policy tools, aimed at alleviating the financial burden on commercial banks [1]. 2. Support for Private Enterprises - The "Private Economy Promotion Law" was introduced, marking the first time the legal status of private enterprises is explicitly defined, emphasizing the importance of promoting sustainable and high-quality development of the private economy [2][4]. - The law aims to create a stable, fair, transparent, and predictable environment for the development of the private economy, ensuring equal treatment and protection for private enterprises [4]. 3. Financial Support for Small and Micro Enterprises - The National Financial Supervision Administration issued a notice outlining goals for financial services for small and micro enterprises by 2025, focusing on maintaining credit supply, improving service quality, and reducing financing costs [9][10]. - The notice emphasizes the need for banks to provide sufficient credit support and to ensure that the growth rate of loans to small and micro enterprises is not lower than that of overall loans [9]. 4. Regional Financial Cooperation - During the 28th ASEAN Plus Three Finance Ministers and Central Bank Governors Meeting, discussions focused on enhancing regional financial cooperation to address global economic uncertainties [5][6]. - China expressed its commitment to deepening financial cooperation within the region, emphasizing the importance of multilateralism and free trade [6][7]. 5. Macroeconomic Policy - The Chinese government plans to adopt more proactive macroeconomic policies to achieve a growth target of around 5% by 2025, with a focus on building a unified domestic market and expanding high-level openness [7][8]. - The government aims to share development opportunities with the Asia-Pacific region while addressing global challenges collaboratively [8].

Core Viewpoint - Jiangxi Province has introduced the "Implementation Plan for Promoting the Development and Growth of the Private Economy," which aims to address challenges faced by private enterprises and stimulate their internal motivation and innovation capabilities through five major actions [5]. Group 1: Clearing Obstacles to Fair Competition - The plan includes actions to implement a unified national market construction guideline, eliminate local protectionism and market segmentation, and conduct regular assessments of market access effectiveness [6]. - It emphasizes the need for fair competition reviews of major policy measures and special law enforcement actions against unfair competition [6]. - The establishment of a comprehensive performance evaluation mechanism for investment projects is also highlighted [6]. Group 2: Stimulating Private Investment - The plan proposes the creation of a "one database and three lists" system for private investment, promoting projects to private capital regularly [7]. - It encourages private enterprises to participate in national major project construction and optimizes the policy environment for their involvement [7]. - The initiative aims to expand the international market space for private enterprises and promote the creation of international brands in sectors like ceramics, traditional Chinese medicine, and new materials [7]. Group 3: Addressing Financing Challenges for Private Enterprises - The plan outlines actions to enhance financial support for private enterprises, including setting annual service targets for banks in Jiangxi [8]. - It aims to improve the financing pathways for private enterprises and increase the number of first-time loan recipients [8]. - The plan also focuses on strengthening guidance for private enterprises in listing and bond issuance [8]. Group 4: Promoting Innovation and Upgrading of the Private Economy - The plan includes the implementation of six major actions to promote technological advancement in Jiangxi [9]. - It aims to establish a nurturing mechanism for small and medium-sized enterprises and supports the digital transformation of the manufacturing sector [9]. - Collaboration between state-owned and private enterprises is encouraged to share innovation resources [9]. Group 5: Supporting the Healthy Growth of Private Economic Personnel - The plan proposes a health growth promotion plan for private entrepreneurs and the continuation of a successor training program for private enterprises [9]. - It includes the publication of a list of the top 100 private enterprises by 2025 and promotes legal compliance and integrity among private businesses [9]. - The initiative also aims to combat malicious rumors and negative portrayals of private enterprises and entrepreneurs [9].

民营经济是推进中国式现代化的生力军，在经济社会中发挥着"56789"的重要作用（贡献了中国经济 50%以上的税收、60%以上的GDP、70%以上的技术创新成果、80%以上的城镇劳动就业，90%以上的 企业数量）。市场监管总局数据显示，截至2025年3月底，我国登记在册民营企业超过5700万户，占企 业总量的92.3%；全国登记在册个体工商户超过1.25亿户。 2025年5月20日起，备受关注的民营经济促进法将正式施行。作为中国第一部专门关于民营经济发展的 基础性法律，这部法律在公平参与市场竞争、平等使用生产要素、同等受到法律保护等方面作出针对性 制度安排，对于保障民营企业及企业家权益、促进民营经济长期健康发展具有深远意义。 相关配套规定促进民营企业高质量发展。不仅要有公平的竞争环境，民营经济的活跃发展也离不开相关 措施的激励引导。民营经济促进法就支持民营经济组织科技创新、引导民营经济组织规范经营、优化民 营经济组织服务保障作出专门规定，从多方面赋能民营经济高质量发展。这些规定一方面注重鼓励支 持，例如，设置"投资融资促进""科技创新"等专章，支持民营企业参与国家重大战略和重大工程，鼓励 其在战略性新兴产业、未 ...

河南日报客户端记者 李鹏 "刚出台的《河南省促进民营经济高质量发展行动计划》（以下简称《行动计划》），从多个方面为全 省民营企业和民营企业家排忧解难，让我们能够放开手脚，轻装上阵，专心致志搞发展！"5月14日，河 南天章卫星科技有限公司（以下简称"天章卫星"）董事长李炜说。 近年来，我省大力发展商业航天产业，推动建设全链条卫星产业集群，做强卫星制造配套产业，鼓励各 地差异化发展卫星应用产业。2022年，李炜到鹤壁市考察后，感到卫星制造大有可为，便当机立断落地 企业，推动鹤壁实现从"用卫星"向"造卫星"转变。 据介绍，天章卫星已成功获批建设年产100颗卫星的生产资质，并且首批4颗"鹤壁造"卫星将于近期下 线。目前，天章卫星智造基地一期已经建成，今年计划制造22颗卫星。二期生产线正在同步进行智能化 提升，以支撑大批量组网卫星生产需求。 "聚焦重点产业链群，支持链主企业、关键节点企业进行平台化设计、智能化制造、网络化协同、数字 化管理等模式创新。"《行动计划》在骨干企业培育专项行动方面提出的这些具体举措，让天章卫星研 发团队倍感振奋，也更加坚定了他们创新突破的信心和决心。 "良好的营商环境，是企业发展的助推器。公司 ...

河南日报客户端记者 贾永标 "文件的出台就像一场及时雨，为广大民营企业发展注入了强劲动力。"5月14日一大早，看到朋友圈被 刚出台的《河南省促进民营经济高质量发展行动计划》（以下简称《行动计划》）刷屏时，好想你健康 食品股份有限公司总经理石训忍不住感叹道。 "即将到来的'520'，是好想你品牌日，《行动计划》恰在此时发布，成了好想你520品牌日最具价值和 意义的礼物。"石训高兴地说，作为深耕河南33年的本土民营企业，公司上下对此深感振奋与鼓舞。 《行动计划》针对民营经济发展的痛点、堵点、难点，将实施一系列专项行动和攻坚，旨在全力优环 境、疏堵点、破壁垒、解难题，进一步激发和提振民营企业发展的信心决心。 "《行动计划》提出加快推动数字化、智能化、绿色化改造，这与好想你正在打造的智慧种植、智慧工 厂、绿色产业链的目标一致，我们将加大在这些方面的投入，借助政策东风实现产业升级。"石训说。 在他看来，这些措施的落地也将惠及广大民营企业，河南民营企业将迎来更高效的制度流程、更广阔的 创新发展空间。好想你也计划积极参与各类创新平台建设，加大研发投入，探索多种方式解决产业关键 技术难题，提升产品的科技含量和市场竞争力。 " ...

"民营经济促进法从法律角度，让我们民营企业吃上'定心丸'。"今天（14日）下午，在新津举行的成都市新津区2025推动民营经济高质量大会上，全球川商 总会会长、新希望集团董事长刘永好认为，随着法律实施，民营经济发展将更有动力。 除了大咖发言献策，此次会议还现场发布2025年新津首批场景创新清单，推出新津"校企联姻"行动，开展金融需求专项对接和轨道交通产业供需对接活动。 新津区民营经济发展促进中心也揭牌成立。 值得关注的是，现场还举行新招引16个重大产业化项目集中签约，总投资超100亿元。 并且plo) A t t om the s i 16个项目集中签约 总投资超过100亿元 刘永好： 《民营经济促进法》让民营企业吃上"定心丸" "新津是我老家，我在这里出生成长。多年来，新津一步一个脚印成长，现在经济发展走在成都市前列。"会上，全球川商总会会长、新希望集团董事长刘永 好在会上作主旨演讲时说道，"新津是一个好地方，区委区政府非常重视民营经济的发展，出台了支持民营企业一系列政策，特别有很多重在落实的具体措 施。" 日记 T Tur and ▲刘永好 现场集中签约的16个重大产业化项目，涵盖绿色食品、新能源、新材料、 ...

Core Viewpoint - The Private Economy Promotion Law is a significant achievement and landmark event in China's economic reform, providing a solid platform for the development of the private economy through comprehensive legal systems, a favorable business environment, and the promotion of high-quality development [1][12][21]. Group 1: Legislative Significance - The law serves as the first foundational legislation specifically for the development of the private economy, highlighting the government's commitment to supporting this sector [3][10]. - It aims to deepen economic reforms and provide robust legal protection and policy support for the sustainable and healthy development of the private economy [3][10]. Group 2: Democratic Process in Legislation - The drafting process of the law exemplifies the concept of whole-process people's democracy, ensuring public participation and feedback through extensive consultations [4][5]. - This approach enhances the law's scientific and rational basis, promoting healthy development of the private economy and societal progress [5][18]. Group 3: Market Economy System Improvement - The law marks an important step in the continuous improvement of the socialist market economy system, facilitating high-quality development and optimizing economic structure [6][10]. - It establishes a fair, transparent, and predictable legal environment for the private economy by addressing administrative enforcement and credit repair systems [6][10]. Group 4: Support for Fair Competition - The law strengthens the support for fair competition and the unified open market environment, mandating increased enforcement against monopolistic and unfair competitive practices [8][19]. - It encourages private capital to enter more sectors, breaking down industry monopolies and promoting market vitality [8][19]. Group 5: Investment and Financing Environment - The law aims to optimize the investment and financing environment for the private economy, addressing issues related to market access and financing difficulties [22][26]. - It mandates that private economic organizations enjoy equal treatment in accessing government projects and policy support, enhancing their participation in national strategies and major projects [23][24][26]. Group 6: Implementation and Challenges - The successful implementation of the law is crucial, requiring the establishment of supporting measures and effective enforcement mechanisms [12][21]. - Challenges such as changing perceptions, interest adjustments, and execution difficulties need to be addressed to ensure the law's effectiveness [13][21].

杨浦区委书记薛侃说，民营经济发展前景广阔，民营企业大有可为。杨浦将始终和民营企业同频共振， 坚持把公平放在首位，保障各类经营主体权利平等、机会平等、规则平等；坚决维护企业和企业家合法 权益，切实消除后顾之忧；提高政策的精准性、细化服务的颗粒度，以"用户思维"为企业纾困解难；不 断优化发展生态，全力支持企业练好内功、干成大事。 会议现场。 上海市工商联供图 会上，上海市委统战部副部长、上海市工商联党组书记王霄汉说，杨浦用完善政策、创新举措和优质服 务厚植民营企业发展沃土，集成推出"加""减""乘""除""和"五大行动、20条重要举措，必将极大激发民 营企业发展活力动力。杨浦区工商联要进一步强化责任使命担当，更好发挥统战法宝作用和桥梁纽带作 用，积极助力民营经济高质量发展；要坚定信心决心，走好高质量发展之路；要聚焦助企增利，多措并 举营造更优环境；要坚持依法合规经营，矢志建设现代企业；要履行职责使命，持之以恒促进"两个健 康"。 中新网上海5月14日电(范宇斌)上海市杨浦区13日召开2025年服务民营经济高质量发展座谈会。会议介 绍了杨浦区促进民营经济高质量发展若干措施制定情况。杨浦推出优化民营经济发展环境、全力 ...