China
2022.10.22 18:04 GMT+8

CPC delegate: Policy dividends, technological empowerment secure stable development of private sector

Updated 2022.10.22 23:03 GMT+8
CGTN

Policy dividends and technological empowerment have secured the stable development of Chinese enterprises despite the global economic downturn, Zhou Haijiang, a delegate from the private sector to the 20th National Congress of the Communist Party of China (CPC), said on Saturday.

Speaking at the "Delegates' Corridor" at the Great Hall of the People in Beijing, Zhou, who is also the board chairman and CEO of HOdo Group, said implementing government policies effectively creates big opportunities for private enterprises in China. 

He added that doing so was the secret to his Wuxi-based garment group's development from a small workshop to a major employer. "The growth of private businesses in turn helps boost the nation's development," he said.

Responding to the Belt and Road Initiative, HOdo Group jointly built the Sihanoukville Special Economic Zone (SSEZ) in Cambodia with Chinese and Cambodian enterprises, Zhou said.

This 11.13-square-kilometer industrial park is home to 170 enterprises from China, Europe, America, Southeast Asia, and other countries and regions, which have solved the employment of nearly 30,000 people, he introduced. 

"We also helped local people to build schools and parks and dispatched volunteers to carry out free clinics for them ... The SSEZ is a model of China-Cambodia pragmatic cooperation," Zhou said.

Embarking on China's goal of high-quality development, HOdo Group has adopted technologies including 5G, industrial internet, and artificial intelligence to boost the efficiency of its factories. 

"Relying on policy dividends and leveraging intelligent and green technology, we have maintained steady and rapid development even in the face of uncertain factors, such as the global economic downturn," Zhou said.

Zhou added that he is positive about Chinese private enterprises making greater contributions to the country's high-quality development. 

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