The third plenary session of the 20th Central Committee of the Communist Party of China reiterated the importance of China's private economy and provided detailed and specific institutional guarantees from multiple dimensions for its healthy development. Specifically, it stressed stimulating private investment vitality in key areas, expanding channels for private investment and guiding the high-quality development of private investment. Recently, representatives from private enterprises across provinces, as well as experts in public policies and the economy, got together to study and discuss the major policies put forward by the session in Beijing.