On July 19th, the Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy were officially announced. This high-level document, commonly referred to as the "31 Measures to Promote the Private Economy" by society, is full of practical content. It responds to the concerns of private enterprises in a timely manner with a clear problem orientation, and supports their development with high-value measures. It has given a "reassurance pill" to over 50 million private enterprises and entrepreneurs nationwide, and released a strong signal to promote the high-quality development of the private economy.

1. Provide policy support for small and medium-sized private enterprises: The Opinion clarifies the government's support policies for small and medium-sized private enterprises, including increasing financial support, reducing the tax burden on enterprises, optimizing the business environment, etc. These policies will provide more development opportunities and convenient conditions for small and medium-sized private enterprises, promoting their healthy development.

2. Optimizing the environment for entrepreneurship and innovation: The "Opinions" propose measures such as strengthening intellectual property protection, simplifying the approval process for entrepreneurship and innovation, and increasing support for scientific and technological innovation to provide a better environment for small and medium-sized private enterprises to start businesses and innovate. This will help stimulate the innovation vitality of small and medium-sized private enterprises, promote their technological upgrading and industrial transformation.

3. Strengthen financial support: The Opinion clarifies the requirements for increasing financial support, including increasing credit support for small and medium-sized private enterprises, promoting financial innovation services, etc. This will help solve the financing difficulties of small and medium-sized private enterprises, enhance their development capabilities and competitiveness.

4. Promote the coordinated development of private economy, state-owned economy, foreign-funded enterprises, etc.: The Opinion emphasizes the need to strengthen cooperation and exchanges between private economy, state-owned economy, foreign-funded enterprises, etc., promote complementary resource advantages, and share technological innovation. This will help small and medium-sized private enterprises to form a positive interaction with other enterprises and achieve common development.

"The private economy is a new force to promote Chinese path to modernization, an important foundation for high-quality development, and an important force to promote China's comprehensive building of a socialist modernization power and the realization of the second century goal." The Opinions opened with a new and important statement on the positioning of the private economy, highlighting the importance of the private economy. If the coordinates are clear, then the direction is clear. On the new journey of Chinese path to modernization, Jiarun Technology will continue to grow and create more fruitful achievements.