Core Insights - The article highlights the achievements and future direction of the private economy in Weifang during the "14th Five-Year Plan" and the upcoming "15th Five-Year Plan" Group 1: Economic Performance - Weifang's private economy has over 1.464 million market entities, accounting for 10.2% of the province, contributing over 80% of the city's investment, tax revenue, and imports/exports, with 99.2% of market entities being private, and the private economy accounting for 63% of GDP [1][2] Group 2: Industrial Strength - Key private enterprises such as Hongrun, Goer, and Haomai are rapidly growing, with over 95% of the 1,459 manufacturing champions and specialized small giants being private; Weifang has 5 companies in the top 500 private enterprises in China, ranking 3rd in the province [2] Group 3: Technological Innovation - The city has over 2,100 high-tech private enterprises and 3,600 technology-based SMEs, with significant innovations leading to national and provincial awards in technology advancement [2] Group 4: Social Contributions - Private enterprises play a crucial role in job creation, providing over 90% of employment opportunities in the city, contributing to a win-win situation for businesses, local revenue, and public benefit [3] Group 5: Government Support - Weifang government emphasizes the development of the private economy through various supportive measures, including optimizing the policy environment, enhancing industrial ecosystems, improving service quality, and fostering a business-friendly atmosphere [4] Group 6: Future Outlook - Looking ahead to the "15th Five-Year Plan," Weifang aims to further support the healthy and high-quality development of the private economy, ensuring that private enterprises can thrive and grow [5]

Core Insights - The government of Weifang has implemented a series of policies to promote the high-quality development of the private economy, which has significantly enhanced the overall strength, vitality, and competitiveness of private enterprises since the 14th Five-Year Plan [1][2] Group 1: Economic Scale and Contribution - Weifang's private economy consists of over 1.464 million market entities, accounting for 10.2% of the province, with an increase of 310,000 entities since 2020, representing a year-on-year growth of 26.8% [1] - The private sector contributes over 80% of the city's investment, tax revenue, and imports and exports, with 99.2% of market entities being private, and the private economy accounting for 63% of the GDP [1] Group 2: Enterprise Strength and Industry Support - There are 410,000 private enterprises in Weifang, with significant growth among key companies such as Hongrun, Goer, and Haomai, and over 95% of the 1,459 manufacturing champions and specialized small giants being private [2] - Weifang ranks third in the province for the number of private enterprises in the top 500 and second for those in the manufacturing sector [2] Group 3: Technological Innovation and Development - The number of high-tech private enterprises and registered technology-based SMEs in Weifang exceeds 2,100 and 3,600 respectively, with 952 provincial-level innovation platforms mostly led by private enterprises [2] - The contribution of high-tech industries to the city's output value increased from 52.26% in 2020 to 61.39%, surpassing the provincial average by 6.18 percentage points [2] Group 4: Social Contributions and Employment - Private enterprises in Weifang play a significant role in social contributions, particularly in job creation, providing over 90% of employment opportunities in the city [3] - The local government has prioritized the development of the private economy, implementing various supportive measures to enhance service and guarantee for private enterprises [3][4] Group 5: Policy Environment and Investment - The government has introduced 20 policies to boost the private economy and 30 policies to assist enterprises, addressing barriers to market access and resource acquisition [3] - Private investment in Weifang accounts for 83.9%, leading the province by 20.94 percentage points, with continuous top rankings in investment attraction indicators for four consecutive years [3][4] Group 6: Business Ecosystem and Service Quality - Weifang has a robust industrial ecosystem with 18 private enterprises generating over 10 billion yuan in revenue, and 25 national champions in specific sectors [4] - The local government has initiated a reform project to optimize the business environment, achieving significant improvements in service quality and efficiency for enterprises [4][5] Group 7: Entrepreneurial Atmosphere - High-profile events and initiatives have been organized to honor and engage entrepreneurs, fostering a supportive environment for private enterprises [5][6] - The local government emphasizes respect and support for private enterprises, enhancing their political and social standing [6]