The emphasis of economic development is laid on the real economy, including promoting the new-type industrialization, and accelerating the building of China into a manufacturing power, a quality power, an aerospace power, a transportation power, an Internet power, and a digital power. As a major strategic deployment in the “14th Five-Year Planning” and the long-range objective in 2035, it is required to adhere to lay the emphasis of economic development on the real economy. In the future, the upgrading and transformation of the manufacturing industry will act as not only the important engine driving Chinese economy, but also the critical ballast for relieving the downward pressure on real estate in the short term.
The private economy is of great importance in economic development in China, and it is pointed out emphatically in the report that it is required to “create a good environment conducive to growth of small, medium and micro-sized and technology-based enterprises”, so as to build the confidence of the market.