A press conference for the second session of the 13th CPPCC National Committee is held  in Beijing on March 6, 2019. [Photo/Xinhua]

Five CPPCC National Committee members share their views on optimizing business environment and promoting high-quality development of private economy in Beijing on March 6, 2019.

Here are the highlights:

Private companies play crucial role in economic development: Liu Shijin

Liu Shijin, former vice-president of the Development Research Center of the State Council, speaks at a press conference for the second session of the 13th CPPCC National Committee in Beijing on March 6, 2019. [Photo/Xinhua]

Private economy and the national economic and social development have become a community with a shared future, said Liu Shijin, former deputy head of the Development Research Center of the State Council.

Private enterprises play a vital role in China's economic development, contributing 50 percent of fiscal revenue, 60 percent of GDP, 70 percent of technical innovation, 80 percent of urban employment, and 90 percent of total enterprises and newly-added employment, Liu said.

Stabilizing expectations of private enterprises come from equal and fair competition, as well as long-term stable legal environment, said Liu, who is also a member of the National Committee of the Chinese People's Political Consultative Conference.

To solve financing difficulties faced by China's small and medium-sized enterprises, Liu said the current financial enterprises should deepen reforms, and develop a batch of financial institutions and products that offer specialized services for private SMEs.

China issues top-level policies for private enterprises' market access: Liu Shijin

China has issued a series of top-level designs and policies for private enterprises on market access, and enforcement of these policies should be intensified, said Liu Shijin, deputy head of the 13th CPPCC National Committee's economic committee at a news conference on Wednesday.

The unspoken rules, such as the inequality issue, should be solved during private enterprise development, Liu said.

Opening-up the market is not only for foreign companies, but also should be for private enterprises that will be conducive to enhance Chinese companies' competitiveness, Liu said.

Moreover, private enterprises should be prepared, and enhance capability to cope with intense competition, Liu said.