Non-public ownership economy is relative to public ownership economy. It is all economic forms except public ownership in China at present. It is also an important part of the socialist market economy.
Non-public ownership economy mainly includes individual economy, private economy and foreign capital economy. Individual economy is a form of ownership in which individual workers or families occupy the means of production and engage in individual labor and management. It is based on laborers' own labor, and the fruits of labor are directly owned and dominated by laborers. He is an important non-public economy in the primary stage of socialism.
The private economy is a form of ownership based on the private ownership of means of production and the labor employment system, with the purpose of making profits. It is also an important non-public economy in the primary stage of socialism.
Foreign capital economy is a form of ownership established by China to develop foreign economic relations and attract foreign capital. It includes Chinese-foreign joint ventures, overseas capital in Chinese-foreign cooperative enterprises and wholly foreign-owned enterprises. It is also an important non-public economy in the primary stage of socialism.
Since the reform and opening up, a basic economic system with public ownership as the main body and multiple ownership economies developing together has been formed. Non-public ownership economy is an important part of China's socialist market economy and has become an indispensable force in China's national economy.
Non-public economic status:
The understanding of the status of non-public ownership economy is deepening in practice. Even in a period after the reform and opening up, we only took the non-public economy as a supplementary component. In 2003, we have realized that individual and private non-public economy is an important part of socialist market economy.
We believe that with the advancement of the adjustment of the layout of the state-owned economy, the advancement of the reform of the state-owned assets management system and the deepening of the reform of state-owned enterprises, the transformation of the financial system to the public financial system, the expansion of opening up and the continuous improvement of the socialist market economic system, the status of the non-public economy will become more important, and it will be a factor of equal competition and mutual integration with the public economy in the socialist market economy, and will play a special role for a long time.
The non-public economy will become a powerful and stable driving force for the development of the national economy. Since the reform and opening up, the average growth rate of non-public economy has far exceeded that of state-owned economy and collective economy, which has played a great role in economic growth for more than 20 years.
Especially in the years when China's economy was relatively difficult after the Asian financial crisis, the non-public economy played an obvious role in promoting the development of the national economy. Because the adjustment of the layout of the state-owned economy will last for a long time, the non-public economy will become a strong and stable driving force for the national economy.
The non-public economy will be the biggest source of job creation. Creating more employment opportunities will be a long-term and arduous task for governments at all levels. In the past few years, the number of employees in the state-owned economy and the collective economy has been decreasing, and it is the non-public economy that creates millions of employment opportunities every year, which not only absorbs new employees, but also absorbs people diverted from state-owned enterprises. In the future, the non-public economy will remain the biggest source of job creation.
The non-public economy will become an increasingly important tax source. Although the state-owned economy is still the largest source of tax revenue for the government in 2003 as a whole, the tax revenue directly and indirectly created by the non-public economy will account for an increasing proportion, especially in terms of increment.
The non-public sector of the economy will be a direct participant and an active promoter in improving the socialist market economic system. Although we have initially established a socialist market economic system, it will take a long time to improve it. In this process, the non-public economy will be a direct participant and an active promoter of basic rules such as equal competition and governing the country according to law.