NDRC Holds Private Enterprise Symposium to Gather H2 Economic Input

China's National Development and Reform Commission (NDRC) held a symposium with executives from five private enterprises to review first-half economic performance and gather input for second-half policy planning. Chaired by NDRC Chairman Zheng Shanjie, the session included representatives from sectors spanning humanoid robotics, IoT, industrial automation, marketing, and food processing. The NDRC committed to integrating existing and incremental policies, expanding high-quality data supplies, advancing a unified national market, and accelerating supporting regulations for the Private Economy Promotion Law to strengthen legal protections for businesses.

The symposium highlights macroeconomic planners' focus on private sector sentiment at a critical mid-year juncture, pointing toward concrete policy interventions in data factor allocation, market fairness, and statutory rights.

Zheng Shanjie, chairman of China's National Development and Reform Commission (NDRC), chaired a symposium on July 20 with private enterprise executives to evaluate economic conditions from the first half of the year and gather recommendations for second-half economic work [6a68a4acaf67af850f71dee3]. The meeting convened leaders from five private companies representing both high-tech and traditional sectors: food manufacturer Sanquan Foods, industrial test equipment maker Huaxing Source, marketing services agency EasyClick, humanoid robotics developer Galbot (Yinhe Tongyong Robot), and IoT service provider Feishang Technology [6a68a4acaf67af850f71dee3]. Participating executives noted that while external uncertainties have increased, domestic business operations remained generally stable with steadily improving market expectations [6a68a4acaf67af850f71dee3]. Corporate leaders raised suggestions focused on supply chain coordination, industrial upgrading, talent development, data element support, and bidding order standardization in public procurement [6a68a4acaf67af850f71dee3]. Responding to company feedback, Zheng stated that enterprise observations provide vital references for macroeconomic analysis and policy formulation [6a68a4acaf67af850f71dee3]. Marking 2026 as the inaugural year of the 15th Five-Year Plan, he stated that the national economy maintained overall stability through the first half of the year, bolstered by the expansion of new quality productive forces [6a68a4acaf67af850f71dee3]. While acknowledging external headwinds, Zheng encouraged private entrepreneurs to focus on core industrial capabilities and capitalize on demand upgrading [6a68a4acaf67af850f71dee3]. Outlining H2 priorities, the NDRC chief pledged to leverage cumulative policy effects, foster consumer growth points, and advance major engineering projects tied to the 15th Five-Year Plan [6a68a4acaf67af850f71dee3]. He added that the agency will accelerate scenario cultivation, build a high-quality data supply system, and deepen the development of a unified national market [6a68a4acaf67af850f71dee3]. To enhance business environment stability, the NDRC will implement legal protection initiatives and push forward supporting institutional rules for the Private Economy Promotion Law [6a68a4acaf67af850f71dee3].