2025 year-end economic observation | Stabilizing enterprises, strengthening confidence, and building a solid foundation for high-quality development

Beijing, December 28 (Xinhua) -- Title: Stabilizing Enterprises, Strengthening Confidence, and Building a Foundation for High Quality Development

Xinhua News Agency reporters Zhao Wenjun, Tang Shinang, Wang Yueyang

Enterprises are the driving force of economic development. If an enterprise is stable, the economy will be stable; if an enterprise is prosperous, the economy will thrive.

Focusing on stabilizing employment, enterprises, markets, and expectations ", from the proposal of" four stabilizations "at the Politburo meeting of the CPC Central Committee in April this year to the recent important deployment of next year's economic work at the Central Economic Work Conference, stabilizing enterprises has always been the key to promoting high-quality development of the Chinese economy.

During the research, the reporter felt that since the beginning of this year, in the face of challenges and pressures, a series of policy combinations have continued to exert force. The vast number of enterprises have risen to the challenge, innovated vigorously, and strived to promote their own better development, demonstrating extraordinary resilience and perseverance. This is a vivid footnote to China's economy's upward pressure and development towards new and better.

Policy efforts to promote the vitality of enterprises

Annual revenue exceeded 80 billion yuan, net profit increased by more than 15% year-on-year, and ranked among the top 500 Chinese enterprises for five consecutive years... As the end of the year approaches, Guangdong private enterprise Xincheng Group has delivered a hard won report card.

Facing the challenges of global industrial chain restructuring and domestic economic pressure, enterprises cannot maintain steady growth without the support of various policies, "Peng Guoyuan, Chairman of the Group, told reporters. This year, its subsidiary group invested a large amount of funds to upgrade its intelligent manufacturing production line and received over 10 million yuan in equipment renewal loan interest subsidy policy support, reducing the financing cost of enterprises.

In the past year, facing complex and severe domestic and international situations, the Party Central Committee has assessed the situation, adhered to the principle of seeking progress while maintaining stability, and regarded stabilizing enterprises as an important part of the "four stabilizations". A series of policy measures have been intensively introduced and implemented, focusing on enhancing the driving force and vitality of enterprise development.

Creating a more fair and dynamic market environment is essential for stabilizing enterprises.

Strengthen the rule of law and institutional safeguards to enable enterprises to seek development with peace of mind. The implementation of the Private Economy Promotion Law, the introduction of policy documents such as establishing and improving a long-term regulatory mechanism for enterprise related fees, improving the social credit system, issuing a new version of the negative list for market access in 2025, carrying out actions to clean up and rectify market access barriers, and breaking down unreasonable restrictions in the field of bidding and tendering

Focus on pain points and difficult issues to reduce the burden and increase momentum for enterprises. Step up efforts to clean up overdue corporate accounts, standardize administrative law enforcement, concentrate on rectifying irregular charges, fines, inspections, and seizures, and implement the measure of "no punishment for minor first violations"; Promote the implementation and refinement of measures to assist enterprises in overcoming difficulties, such as funding support, financing subsidies, and tax reductions and exemptions

Currently, some enterprises are facing difficulties in their operations, with orders under pressure and tight funds. Further policy support is needed to assist enterprises in overcoming difficulties.

The problem was raised at noon and solved in the afternoon, the efficiency is too high! "A person in charge of a private enterprise in Chengdu told reporters. Not long ago, he mentioned at a local private enterprise symposium that he encountered policy bottlenecks when trying to sell coffee across borders. Unexpectedly, the problem was solved in less than a day. The relevant departments have clearly stated that they should respond to any needs and not disturb anything, giving the enterprise a "reassurance pill".

All parties work together to stabilize enterprises, continuously improve policy toolboxes, promote the common development of enterprises, especially small and medium-sized enterprises, stabilize the confidence of billions of business entities, and consolidate the confidence of China's economy to move forward firmly in the wind and rain.

Innovation driven efforts to enhance enterprise competitiveness

In the busy British port of Felixstowe, the unmanned heavy truck Q-Truck independently developed by Shanghai private enterprise Xijing Technology shuttles through, becoming an eye-catching scenery at the dock.

In the context of the profound evolution of the global economic and trade pattern, the core of enterprises winning orders from the UK is the deep integration of development concepts, "said Tan Limin, Chairman of Shanghai Xijing Technology Co., Ltd. Q-Truck is a pure electric drive that can reduce carbon dioxide emissions by about 50 tons per year when fully powered by green electricity. In addition, with the strong technical capabilities of Xijing AI+autonomous driving, full chain logistics solutions, and successful practices serving nearly 30 countries and regions around the world, we have ultimately won the trust of our customers.

To stabilize enterprises, it is not only necessary to solve current difficulties, but also to consolidate the foundation of development and continuously improve the resilience and ability of enterprises to weather storms.

The "Several Measures to Further Promote the Development of Private Investment" proposes 13 targeted policy measures to provide new investment opportunities for enterprises; The Implementation Opinions on Accelerating the Cultivation and Opening up of Scenarios to Promote the Large scale Application of New Scenarios have released a positive signal to promote the large-scale application of new scenarios and form a path of "technological breakthrough scenario verification industrial application system upgrade"

Beijing encourages large enterprises to open source and independently develop platforms, software, and tools, and strengthen open sharing for small and medium-sized enterprises; Guangxi will improve the hierarchical cultivation mechanism of "technology-based small and medium-sized enterprises - high-tech enterprises - gazelle enterprises - technology leading enterprises"; Fujian implements enterprise R&D funding incentives and subsidies; Henan guides enterprises to establish a research and development reserve system

Since the beginning of this year, from the central to the local level, we have focused on developing new quality productive forces and continuously increased policy guidance and support, creating more opportunities and a larger stage for enterprise development.

Zhejiang Yada Green Energy Technology Co., Ltd. has independently developed LNG dual fuel system, methanol fuel supply system, and ammonia fuel supply system... Seizing the opportunity of national development of new quality productivity, Zhejiang Yada Green Energy Technology Co., Ltd. has been deeply involved in ship and sea engineering and clean energy fields. Recently, it successfully won a new order for an 8000 TEU container ship project in Europe.

In a one meter wide race track, tap into the value of a hundred meters deep and a thousand meters deep, "said Xiang Guangqing, Chairman of Yada Green Energy. Only by adhering to long-term principles, relying on technology cultivation and manufacturing upgrades, can we achieve a leap from OEM to brand, and from low-end to high-end.

How can small and medium-sized enterprises stand firm in the fierce market competition?

Adhering to innovation leadership, our company's revenue has increased by more than three times compared to last year, and orders have been scheduled for the first quarter of next year, "said Zhou Quan, an ecological cooperation expert from Yunsheng Intelligent Strategic Marketing Department. As a national level specialized, refined, and new key" little giant "enterprise, the company deeply cultivates AI big models and low air drone applications, and continues to promote the accelerated landing of key scenarios such as urban governance and industrial inspection.

Li Zibin, President of the China Association of Small and Medium sized Enterprises, stated that in the face of the "15th Five Year Plan", the vast number of small and medium-sized enterprises should build confidence, overcome difficulties, embrace change, adhere to innovation driven development, and strive for progress in new technologies and other "new" aspects.

Stable expectations enhance confidence in high-quality development

Stabilizing enterprises is not only for the present, but also for long-term planning.

Looking ahead to the new five years, China is currently in a period of strategic opportunities and risks, as well as increasing uncertainties and unpredictable factors.

Turning over the suggestions of the "Tenth Five Year Plan", a series of deployments, such as "building a modern industrial system", "accelerating the self-reliance of high-level science and technology", "building a strong domestic market", and "expanding high-level opening up", contain new opportunities and Xintiandi for the development of thousands of industries.

On December 17th, Hebei Jinxi Iron and Steel Group Co., Ltd. signed a contract for the "Body Intelligent Robot Joint Core Component Project" in Changzhou, Jiangsu. This private steel enterprise has begun to enter a new track of precision manufacturing, laying out in the field of robot joint precision reducers.

This year's Central Economic Work Conference proposed to strengthen the position of enterprises as the main body of innovation, which means that innovation factors will accelerate their aggregation to enterprises. Han Li, Chairman of Jinxi Co., Ltd., said that enterprises should seize this opportunity and promote the landing and transformation of more scientific and technological achievements.

On December 26th, the National Entrepreneurship Investment Guidance Fund was launched, leveraging the leading and driving role of central funds to attract social capital to participate together.

Bai Jingyu, Director of the Innovation and High tech Development Department of the National Development and Reform Commission, stated that the guidance fund will focus on investing in seed stage, start-up stage, and early to mid stage enterprises, with a 20-year duration, including a 10-year investment period and a 10-year exit period, using patient capital to accompany enterprises in their "long run".

At present, it is not only the final sprint stage of the year's work, but also a critical moment for planning future development.

Actively expanding effective investment and increasing investment in key areas such as new quality productivity and comprehensive human development; Developing emerging pillar industries such as integrated circuits, new displays, new materials, aerospace, low altitude economy, and biomedicine; Promote the pilot reform of "use first, pay later" for scientific and technological achievements

Recently, various departments have successively released a list of key tasks for 2026, which includes a series of new measures to provide more favorable conditions and broader space for the development of enterprises.

The 15th Five Year Plan is about to begin. With the solid promotion and effective implementation of various policy measures, promoting a new and better business environment, and the vigorous and innovative development of enterprises, the Chinese economy will continue to lay a solid foundation for development and burst out with more vigorous vitality.