Core Viewpoint - The National Development and Reform Commission (NDRC) is actively promoting private investment and revitalizing the private sector through various initiatives, including regular communication mechanisms with private enterprises [1][6]. Group 1: Communication Mechanisms - The NDRC has established a multi-level communication mechanism with private enterprises, including 20 "breakfast meetings" hosted by Director Zheng Zhanjie and over 160 discussions by other NDRC members [1][4]. - The "breakfast meetings" serve as a unique and efficient way to engage with business leaders, allowing for direct dialogue on key issues [2][4]. - Local development and reform departments have conducted over 20,000 meetings with private enterprises, indicating a strong commitment to ongoing dialogue [4][5]. Group 2: Policy Initiatives - The NDRC has implemented a closed-loop workflow for problem collection, resolution, feedback, and follow-up to address urgent issues faced by private enterprises [5]. - A comprehensive service platform for private economic development will be launched in December 2024, integrating policy interpretation, project promotion, financing connections, and problem-solving [5]. Group 3: Economic Indicators and Challenges - Recent data shows a slowdown in private investment growth, with private investment's share dropping from approximately 53.6% to below 49% over the past five years [6][7]. - Key economic indicators for private enterprises, such as employment capacity and industrial growth, have also shown signs of deceleration, particularly in comparison to state-owned enterprises [6][7]. Group 4: Future Directions - The NDRC aims to enhance the implementation of the Private Economy Promotion Law and improve mechanisms to support private investment, including allowing private capital to hold over 10% in qualifying projects [7]. - There is a call for a shift in traditional perceptions of private enterprises and increased enforcement of legal policies to bolster confidence among private entrepreneurs [7].

Core Viewpoint - The National Development and Reform Commission (NDRC) is actively promoting private investment and revitalizing the private sector through various initiatives and communication mechanisms, aiming to enhance the confidence and vitality of private enterprises in the next five years [1][9]. Group 1: Communication Mechanisms - The NDRC has established a multi-level communication mechanism with private enterprises, including 20 "breakfast meetings" hosted by Director Zheng Zhanjie and over 160 discussions with private enterprises by other NDRC members [1][5]. - The "breakfast meeting" format has been adopted in various regions, such as Anhui, to facilitate dialogue between government officials and private business leaders, achieving effective communication [4][5]. - The NDRC has implemented a closed-loop workflow for problem collection, handling, feedback, and tracking, ensuring that the urgent issues faced by private enterprises are addressed [6][10]. Group 2: Investment Trends - There has been a noticeable slowdown in private investment growth, with private investment's share dropping from approximately 53.6% to below 49% over the past five years, lagging behind state-owned investment growth [8][9]. - Key economic indicators for private enterprises, such as employment capacity and industrial economic growth, have shown signs of deceleration, particularly in critical efficiency metrics compared to state-owned enterprises [8][9]. Group 3: Policy Support - The NDRC's recent measures include allowing private capital to hold more than 10% in qualifying projects and enhancing oversight to facilitate private enterprises' participation in bidding processes [9][10]. - The implementation of the "Private Economy Promotion Law" is emphasized to ensure equal access to production factors and fair market competition for private enterprises [9][10].