As an indispensable force to promote China's economic and social development, private economy has received great attention by the CPC and state leaders of China. Since the beginning of 2018, General Secretary Xi Jinping has repeatedly stressed in public the significance of private enterprises. In November 2018, he personally presided over a symposium on private enterprises and delivered an important speech. He pointed out that China's private economy can only be strengthened for broader development. These investigations and concerns reflected the consistent attention and support of the CPC Central Committee to the private enterprises, being a great encouragement for the further development of China's private economy. Therefore, Nanning's private enterprises should also follow the pace of the times and make some achievements.
Since the Reform and Opening-up, the development of Nanning’s private economy has experienced a process from small to large and from weak to strong. By the end of 2017, there were 830 non-public industrial enterprises above designed size in the city. The added value of non-public economy accounted for 78% of the added value of industries above designated size in the city, and the contribution rate to the growth of the added value of industries above designated size in the city reached 87.1%. The export volume of the non-public economy accounted for 94.49% of the total export volume of the whole city, driving the export growth of the whole city by 42%. The tax revenue paid by non-public enterprises accounted for 22.9% of the city's national and local tax revenue, and the number of newly employed people created by non-public enterprises accounted for 69.05% of that of the city. At present, private enterprises have become a main force to promote the economic growth of Nanning, a main channel to increase social employment and an important source of tax revenue, which have made important contribution to the economic and social development of the city. As General Secretary Xi said in his speech during the symposium, private economy has encountered many difficulties and problems in current development, which is the result of the coexistence of external and internal factors, as well as objective and subjective reasons; and these difficulties, problems and troubles will surely be solved in the future.