Guangdong： a fertile ground for the high-quality development of private economy

　　[Private economy and high-quality development in the new era]

　　History stirs and meets, and the waves of the times roll and toss. Since the reform and opening up, private enterprises in Guangdong have sprung up like mushrooms after rain, and they have written a series of heroic changes. The concept of innovation and entrepreneurship is also deeply imprinted on this hot land full of vitality and potential.

　　The new era has a new mission. On September 7-8, the online theme publicity campaign of "Private Economy and High-quality Development in the New Era" sponsored by the Network News and Information Communication Bureau (Network Theory Communication Bureau) of the Central Network Information Office visited Guangdong, held a symposium with the theme of "Industry Frontier Leading the World", and went to some enterprises in Guangzhou and Shenzhen for investigation to explore the "password" and effect of high-quality development of private economy in Guangdong in the new era.

　　Policy support to protect the high-quality development of private enterprises.

　　Private economy is an internal factor of China’s economic system and an important achievement of the development of socialist market economy, which plays an important role in stabilizing growth, promoting innovation, increasing employment and improving people’s livelihood. At the symposium on private economy held in November last year, General Secretary of the Supreme Leader clearly pointed out that China’s private economy can only grow, not weaken, not only can’t "leave", but also move towards a broader stage.

　　Since the reform and opening up, Guangdong has always attached great importance to the development of private enterprises. In recent years, in view of the problems faced by private enterprises, such as market access, administrative examination and approval, difficult and expensive financing, and talent introduction, Guangdong has successively issued policies such as "Ten Articles of Real Economy" and "Ten Articles of Private Economy", and formulated 59 specific policy points in 10 aspects, involving equal participation in PPP projects, further reducing gas prices and land prices, encouraging small and medium-sized enterprises to lease equipment, supporting small and medium-sized enterprises to use land, and protecting intellectual property rights, so as to effectively enhance the sense of acquisition of private enterprises.

　　"The new round of tax reduction and fee reduction implemented this year has brought tangible benefits to enterprises. It is estimated that the value-added tax reduction of the group company will reach 66 million yuan in 2019, and it is estimated that the whole group will reduce taxes by at least 100 million yuan for the whole year." Hu Linhua, assistant to the chairman of Libai Group, said that this has provided a good foundation for the high-quality development of Libai Group and can invest more in its extended big health industry and science and technology industry.

　　The government has done something, and enterprises have been facilitated. In order to achieve high-quality development, private enterprises often need to invest a lot of money to enhance their core competitiveness, fill shortcomings and optimize industrial structure. The government has made concessions to enterprises, bringing them real money benefits and reducing the cost pressure of enterprise operation.

　　Guangzhou Hexin Instrument Co., Ltd. was established in 2004, and now it has developed into a champion private enterprise in the domestic mass spectrometer industry. Many technologies and products have filled the gaps in the domestic and even international mass spectrometry field and the high-end environmental protection instrument industry.

　　Jiang Miren, director of general manager office and assistant to the general manager of Hexin Instrument, said that in scientific research, the government has set up major national technical projects in combination with some short-board technologies, and provided financial support to small and medium-sized enterprises, such as financing guarantees and the establishment of a fund pool, which has helped many enterprises tide over the difficulties. At present, the company has obtained a bank loan of 20 million yuan through the fund pool.

　　"The government has issued a series of policies, including tax incentives for talents, talent identification, team projects, talent green cards, and foreign high-end talent projects, which effectively solve the problem of introducing talents by enterprises." Jiang Miren added that the simplification of administrative examination and approval has further deepened the "commitment-based trust examination and approval", which has greatly shortened the process time of the company’s project preparation and accelerated the construction speed.

　　The good business environment has released the development vitality of private enterprises, and Guangdong’s private economy is strong. As a big province of private economy, Guangdong’s private economy has contributed more than 50% of GDP, about 60% of investment, more than 70% of innovation achievements, more than 80% of new jobs and more than 95% of market players. This year, 60 private enterprises in Guangdong were among the top 500 private enterprises in China in 2019, ranking first in the country in terms of total operating income and total assets.

　　"At present, the development of private economy meets the market ‘ Iceberg ’ , the cost of ‘ Gaoshan ’ , innovative ‘ Volcano ’ , but Qi Xin, a department of the Guangdong government, has made concerted efforts ‘ Iceberg ’ , down ‘ Gaoshan ’ , across the ‘ Volcano ’ 。” Li Ding, former director of the Research Center for Regional and Enterprise Competitiveness of Guangdong Academy of Social Sciences, is confident in the development of Guangdong’s private economy.

　　Driven by innovation, mastering core technologies can win the future.

　　At present, China’s economy has shifted from a high-speed growth stage to a high-quality development stage. To climb the peak of science and technology in the world and seize the commanding heights of future development, independent innovation is our only way and our confidence.

　　During the visit of enterprises, reporters often hear words such as "independent research and development", "core technology" and "international leadership", and deeply feel that innovation is the root of the vitality of enterprises. Having the ability of independent research and development and mastering the core technology is the key to the sustainable development and decisive victory of technological private enterprises in the future.

　　Ubisoft is a company specializing in artificial intelligence and robot research and development. After its establishment in 2012, it has been at the international leading level in just a few years, including core technologies such as high-performance servo drivers and control algorithms, multi-joint motion control algorithms, and computer vision algorithms for service robots. "A key factor in the development of high-tech enterprises is to master core technologies, and only with core technologies can we produce products with core competitiveness." Zhang Ju, the company’s chief financial officer and senior vice president, said that the company invested more than 20% in R&D, and gathered a group of outstanding technical talents with dreams, intelligence and diligence. Shenzhen’s industrial chain is complete and innovative, which also provides convenient conditions for attracting top international talents and constantly innovating and upgrading.

　　The only way to innovate is to get people. If you get people’s needs, you must broaden your ways to store them. In March last year, when attending the deliberation of the Guangdong delegation, General Secretary of the Supreme Leader emphasized that development is the top priority, talent is the first resource, and innovation is the first driving force. If China doesn’t take the road of innovation-driven development, the old and new kinetic energy can’t be smoothly transformed, and it can’t really become strong. Strong depends on innovation, and innovation depends on talents.

　　"The innovation drive is essentially a talent drive." This sentence, engraved on a big stone at the entrance of Shenzhen Talent Park, shows that Shenzhen, an innovative city, respects and attaches importance to talents. In the final analysis, talent is the soul of an enterprise, and all technological breakthroughs and strategic prospects for an enterprise to win in the future depend on people to promote and implement them in practical exploration efforts.

　　"As early as a decade ago, BYD set up a team to reserve IGBT chip technology. Even if it had poor performance or even lost money for several years, it resisted the pressure and insisted on research and development." The relevant person in charge of BYD said that since its establishment, BYD has been adhering to the development concept of "technology is king and innovation is the foundation". Technology serves the strategy first, and then the product. BYD uses engineers’ understanding of technology to formulate the company’s long-term strategy. After seeing the industry prospect of new energy vehicles, the company laid out early, and strived to develop power batteries and IGBT chips with high threshold and great technical difficulty, which are called "Mount Everest" in the new energy vehicle industry.

　　Today, BYD has more than 30,000 R&D personnel. In 2018 alone, the total R&D investment reached 8.5 billion yuan, and it has applied for more than 26,000 patents worldwide, of which more than 17,000 have been authorized. In terms of high-quality batteries and IGBT chips, BYD is not only self-sufficient, but also exported to the international market.

　　Market-oriented, grow stronger in the competition and strive to be a "leader"

　　Enterprise is the cell of national economy and the main body of market competition. Private enterprises directly face specific market risks, are more sensitive to ever-changing market information and market demand, and are often more creative.

　　Since the reform and opening-up, Guangdong has taken the lead in exploring how to break the old circulation system by controlling the market by price, gradually establishing a market mechanism of "the government regulates the market, the market forms the price, and the price guides the enterprise", vigorously adjusting and improving the ownership structure, actively exploring effective forms of non-public ownership, and striving to create a good market environment for private enterprises to fully compete and grow healthily.

　　After the reform of the commercial system in 2014, the vitality of Guangdong market players was significantly stimulated. By the end of 2018, the number of private economic units in Guangdong reached 11.2012 million, making it the only province in China with more than 11 million private economic units. In 2018, among the 45,000 high-tech enterprises in Guangdong, private enterprises accounted for more than 70%, and more than 28,000 small and medium-sized science and technology enterprises were incubated, accounting for 21.6% of the national total, ranking first in the country.

　　Fertile soil nurtures talents, and private high-tech leading enterprises such as Huawei, Tencent, BYD, DJI, Neptune, EVOC and Mingyang Wind Power have made remarkable achievements, which makes people look at them.

　　Driven by science and technology, market-oriented, outstanding technology-based private enterprises win the competition and lead the way.

　　The strong competitive pressure from the external market, as well as the enterprise’s own pursuit of maximizing interests, brand building, technological advantages, social influence, etc., all drive enterprises to pay close attention to market demand and market changes, and constantly use new technologies, new processes, new models, etc. to develop new products and services and enhance market competitiveness.

　　"Innovation close to the market is the most effective and inspiring." Pan Helin, a postdoctoral fellow in applied economics at China Academy of Fiscal Science, pointed out that the market is one of the best ways to allocate resources, which can test scientific research achievements well and stimulate the internal motivation of researchers.

　　The Third Plenary Session of the 18th CPC Central Committee put forward that the market should play a decisive role in the allocation of resources, and the report of the 19th CPC National Congress also emphasized that the economic system reform must focus on improving the property right system and the market-oriented allocation of factors, so as to realize effective property right incentives, free flow of factors, flexible price response, fair and orderly competition and survival of the fittest.

　　At present, the world is entering a period of economic development dominated by the information industry. The General Secretary of the Supreme Leader pointed out that it is necessary to promote the deep integration of the Internet, big data and artificial intelligence with the real economy and make the digital economy bigger and stronger. It is necessary to take intelligent manufacturing as the main direction to promote industrial technological transformation and optimization and upgrading, promote the fundamental transformation of manufacturing industry model and enterprise form, promote "innovation" with "innovation", promote stock with increment, and promote China’s industry to move towards the high end of the global value chain.

　　Technological changes often mean changes in industrial trends and market prospects. Shenzhen Sannuo Electronics Co., Ltd. was established in 1996, and then it was transformed into an audio product by supporting the processing of molds. Now it has built a complete smart life ecological industrial chain of "hardware plus software, cloud plus terminal" with the three-dimensional "smart home, smart work and smart travel", and is now a global core audio overall solution provider. Liu Zhixiong, chairman of Sannuo Group, said in an interview that Sannuo is building an ecological chain in three industry: "voice+"ecological chain, intelligent information terminal industry ecological chain and family intelligent terminal. Among them, in the ecological chain of smart information terminal industry, smart education and smart classroom are the key industrial projects that Sannuo is currently building.

　　In Guangzhou Shiyuan Electronic Technology Co., Ltd., the reporter saw a series of smart education, smart home, smart medical care and other products created by the combination of digital technology and real economy, and really felt that a small screen can make a big article. The future has come, and the intelligent era of the Internet of Everything is about to open.

　　It is understood that Vision was established in 2005, and now R&D personnel account for more than 60% of employees, with professional R&D institutions and Academia Sinica, with over 2,400 patents. In 2016 and 2017, the number of patent applications ranked first among enterprises in Guangzhou.

　　With constant reform and innovation, private enterprises are promising in the new era.

　　Guangdong private enterprises, especially high-tech private enterprises, are not only "pathfinders", but also strive to be "leaders" of the times. They should combine their own development with the national development strategy, carry forward the spirit of being the vanguard, try first in deepening reform and opening up, innovate and upgrade constantly, and make positive contributions to promoting the high-quality development of China’s private economy in the new era. (Guangming. com reporter Feng Yingcai wrote)