Deeply studying the spirit of the Fifth Plenary Session of the 19th CPC Central Committee, Shen Guojun: contributing new achievements to building a new development pattern

On November 20th, the China Business Times published the learning reflections and experiences of Shen Guojun, Executive Chairman of the Zhejiang Chamber of Commerce (Global), President of the Ningbo Chamber of Commerce (Global), and Founder and Chairman of Intime Group, in the column "Private Entrepreneurs Learning and Implementing the Spirit of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China". The full text is as follows:

Against the backdrop of the global pandemic and economic downturn, the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China was successfully held, standing at the historical intersection of the "Two Centenary Goals" and embarking on a new journey to comprehensively build a socialist modernized country. With the beautiful blueprint of the new era, it inspires our private enterprises to move forward with more direction, confidence, and strength.

The plenary session specifically proposed to adhere to the focus of economic development on the real economy, accelerate the development of modern service industry, accelerate digital development, form a strong domestic market, construct a new development pattern, adhere to the strategic basis of expanding domestic demand, accelerate the cultivation of a complete domestic demand system, and organically combine the implementation of the strategy of expanding domestic demand with the deepening of supply side structural reform, with innovation driven, high-quality supply leading and creating new demand.

As participants in economic development, we private enterprises must always bear in mind our mission, actively participate in building a new development pattern, and contribute to the realization of the 14th Five Year Plan and the 2035 long-term goals. During the epidemic prevention and control process, private enterprises not only demonstrated their sense of responsibility and unity, but also played a significant role in stabilizing residents' employment and promoting economic recovery. Under the leadership of the Party, the strong vitality and resilience of private enterprises have filled us with confidence in the future development prospects of our country's economy.

Both the vast Zhejiang business community and Yintai Group itself will actively participate in the national economic construction and social development. We, Zhejiang merchants, will continue to uphold the spirit of daring to explore and innovate, promote the development of physical industries, and advance the service of industry to the country; Yintai Group will also leverage its business advantages, especially in commercial retail channels, to promote complementary cooperation between domestic and foreign trade enterprises, and help private enterprises achieve high-quality development in the new development pattern.