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Since the reform and opening up in 1978, China's private economy has grown from nothing, from small to large and strong, and now has accounted for more than half of China's economy. In this article, the author predicts a promising future for the private sector based on three judgments. First, Top-level design and relative legislation can fill the confidence; second, New innovation like blockchain facilitates operation costs; thirdly, One Belt and One Road initiative opens a much larger market.

Development Opportunities of China's Private Enterprises in the New Era