Top political advisor calls for private enterprises' contribution to reforms

Top political advisor Yu Zhengsheng called on China's private entrepreneurs to contribute to the country's economic development and reforms on Tuesday.

During his meeting with private entrepreneurs, Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference, listened to opinions and suggestions on the country's economic structural adjustment and extended festival greetings ahead of China's Lunar New Year, which falls on Feb. 8 this year.

Entrepreneurs, including Lu Zhiqiang, founder of the property company China Oceanwide Group, Zong Qinghou, chairman of the beverage company Hangzhou Wahaha Group and Pony Ma, chief executive of the Internet giant Tencent Holdings, made speeches on topics concerning new development concepts, innovation as well as "Internet Plus" and "Made in China 2025" strategies.

China will continue to unswervingly encourage, support and guide the healthy development of the private economy, as the non-public sector plays a key part in the nation's drive of building a moderately prosperous society as well as realizing the Chinese Dream, Yu said.

Yu urged private entrepreneurs to fully understand and strengthen faith in the Chinese economy, which is entering a "new normal" stage featuring lower growth, and boost innovation-driven economy as well as supply-side structural reform.

Enterprises must do business and be managed in accordance with the law, and embrace corporate social responsibilities, added Yu.

Yu also stressed the importance of fostering enthusiasm and creativity in private entrepreneurs, calling on Party and government to create a better policy, market and social environment for the development of private economy.

Sun Chunlan, head of the United Front Work Department of the Communist Party of China Central Committee, also attended and addressed the meeting. Endi