I have traveled to over 40 countries and regions to understand their entrepreneurial ecology. I have come to the conclusion that China is one of the more free-to-start businesses among the major economies in the world. It has not set the threshold for entrepreneurship as high as developed Western countries, and our laws and regulations are also relatively flexible. We have repeatedly reduced taxes and provided various policy support to small and medium-sized enterprises, allowing them great flexibility and survival space. As a private entrepreneur, I can deeply feel the need for various policies that have been introduced by the government to support the private economy recently. Private enterprises account for over 90% of the total number of Chinese enterprises, and the private economy is very important for the development of China's economy.