Core Points - The provincial government of Shaanxi is promoting high-quality development of the private economy through a "Seven Major Actions" initiative, encouraging private enterprises to innovate and contribute to economic growth [1][2] - The private economy in Shaanxi is projected to reach a value of 17,581 billion yuan in 2024, accounting for 49.5% of the provincial GDP, with a year-on-year increase of 0.3 percentage points in the first half of this year [1] Summary by Sections Government Initiatives - The provincial government has implemented several policies to support the private economy, including the "Several Opinions on Promoting the Accelerated Development of the Private Economy" and the "Three-Year Action Plan for High-Quality Development of the Private Economy (2021-2023)" [1] - The "Seven Major Actions" initiative includes 31 specific measures aimed at addressing key issues faced by the private economy, focusing on policy accessibility, market entry barriers, financial support, and legal protections [2] Economic Impact - The private economy's contribution to Shaanxi's GDP has increased, highlighting its growing importance as an economic pillar [1] - The provincial government aims to create a favorable environment for private enterprises, as evidenced by the positive feedback from business representatives regarding financial support and development initiatives [2]