During the 14th Five-Year Plan period, Chongqing’s private sector economy increased from 14.8 trillion to 19.8 trillion yuan.

Chongqing, September 18 – During the “14th Five-Year Plan” period, Chongqing’s private sector economic added value increased from 1.48 trillion yuan to 1.98 trillion yuan; its share of GDP rose from 59% to 61.6%; the number of private market entities grew from 2.901 million to 3.673 million, accounting for 97.8% of all market entities in the city.

Over the past five years, Chongqing has vigorously promoted reform and efficiency improvements, innovatively carried out reforms for the coordinated development of state-owned and private enterprises, and established a “three-enterprise” linkage development mechanism involving central government-owned enterprises, private enterprises, and foreign enterprises. Through project selection and reserve, investment promotion, and analysis feedback, the city has promoted mutual benefit and win-win outcomes for state-owned and private enterprises. To date, the city has organized three rounds of project release activities for coordinated development between state-owned and private enterprises, releasing over 1,600 cooperation projects for private enterprises with a total value exceeding 800 billion yuan.

Simultaneously, Chongqing has enhanced its service efficiency for private enterprises through digital empowerment. Using the Yu Kuai Zheng platform, the city launched the “Yushang e-Service – Direct Access for Private Enterprises” digital application, which has handled over 5,100 enterprise requests related to policy implementation and legal rights protection. The request resolution rate exceeds 97%, effectively addressing issues such as delayed responses to enterprise feedback and low processing efficiency, enabling enterprises to achieve faster results with less effort.

Over the past five years, Chongqing has also continuously strengthened economic services, making the “supporting force” for private enterprise development more robust. The city has steadily advanced the “Leading Dragon” initiative, guiding leading enterprises to collaborate with small and medium-sized enterprises. An annual list of Chongqing’s top 100 private enterprises is released, with the entry threshold increasing from 1.572 billion yuan in 2021 to 2.361 billion yuan in 2024, a growth of 50.19%. Significant efforts have been made to support private enterprise listings, including establishing an expert committee for listings under the Chongqing Federation of Industry and Commerce, and enhancing guidance in listing training, demonstration, connection with investment and financing institutions, and marketing. During the “14th Five-Year Plan” period, a reserve pool of 165 private enterprises planning to go public was established, with 21 private enterprises successfully listing domestically.

The next steps will focus on adhering to and implementing the “Two Unwaverings,” concentrating on the “Two Healths” work theme, leveraging the role as a bridge and纽带, serving as a strong supporter for private enterprises, accelerating the construction of a highland for private economic development, and making every effort to promote the healthy and high-quality development of the private economy.