The symposium for private enterprises held on February 17, 2025, called for the solid implementation of policies and measures to promote the development of the private economy.
As one of the private enterprise leaders speaking at the symposium, Xiaomi Corporation Chairman and CEO Lei Jun expressed to Sanlihe that his biggest feeling over the past year is that &#34;confidence is stronger, the environment is better, and the foundation is thicker.&#34;
&#34;The most prominent change is the continuous optimization of the rule of law business environment,&#34; Lei Jun said. The implementation of the Private Economy Promotion Law has provided private enterprises with a &#34;reassurance,&#34; with more precise policy support and stronger protection of the legal rights and interests of private enterprises.
In 2025, the Private Economy Promotion Law will officially take effect, focusing on breaking institutional barriers; the General Office of the State Council issued &#34;Several Measures to Further Promote the Development of Private Investment,&#34; further stimulating the vitality of private investment; the &#34;Negative List for Market Access (2025 Edition)&#34; further relaxes market access restrictions, and the fair competition environment continues to improve...
With policy support, private enterprises can embark on their journeys with less burden and bold innovation.
Over the past five years, Xiaomi has entered the deep waters of &#34;hardcore technology,&#34; investing hundreds of billions in research and development, achieving breakthroughs in core underlying technologies, and officially closing the loop on the &#34;human-vehicle-home ecosystem.&#34; The year 2025 marks the 15th anniversary of Xiaomi's founding, during which the company has made breakthroughs in core technology fields such as self-developed chips.
2025 is also a year of accelerated &#34;new&#34; for new productive forces. Emerging industries are thriving, the window for industrial transformation has opened, and private enterprises are ushering in broad development space.
In the face of a new wave of industrial transformation, Lei Jun believes that the development of private enterprises must resonate with the country, closely follow the high-quality development strategy, focus on the real economy, concentrate on core businesses, and adhere to innovation to achieve sustained and stable development.
&#34;With the deepening of high-quality development, the trends of industrial upgrading, intelligence, and greening have already formed. As private enterprises, we must dare to adhere to long-termism and seize the wave of industrial transformation.&#34;
Regarding how private technology enterprises can exert force in emerging industries and future industries, Lei Jun emphasized the need to adhere to a technology-based approach, continuously delve into core technologies in key areas, and accelerate the application and landing of innovative results.
&#34;The greatest advantage of private enterprises is their proximity to the market and users, quick response times, and the ability to rapidly apply new technologies to real scenarios, forming replicable products and solutions. Turning single-point technological breakthroughs into systematic application capabilities, continuously 'refining to perfection' in technology research and development, achievement transformation, and product landing, allows innovation to truly transform into productivity.&#34;
Looking towards the &#34;14th Five-Year Plan,&#34; private enterprises, as important subjects of technological innovation, are radiating new vitality in the national technological innovation landscape.
The &#34;14th Five-Year Plan&#34; proposal suggests strengthening original innovation and tackling key core technologies.
&#34;Xiaomi's goals are highly aligned with the spirit of the '14th Five-Year Plan,'&#34; Lei Jun revealed. As a technology company, Xiaomi plans to focus on tackling core underlying technologies such as chips, AI, and operating systems over the next five years, continuously striving towards the goal of becoming a global hardcore technology company.
Standing at a new historical starting point, the confidence and assurance of private enterprises are being transformed into solid steps towards climbing the peaks of technology
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Xiaomi Corporation Chairman and CEO Lei Jun stated at a private enterprise symposium that in the next five years, Xiaomi will focus on tackling core underlying technologies such as chips, AI, and operating systems. He emphasized that the implementation of the Private Economy Promotion Law provides a better business environment for enterprises, and support policies are more precise. Lei Jun pointed out that private enterprises should resonate with the national development strategy, focusing on innovation and the real economy to address the challenges of industrial transformation

- A recent meeting on February 17, 2025, emphasized solid implementation of policies to promote private sector growth in China.  
- Lei Jun, CEO of Xiaomi, highlighted increased confidence and a more favorable business environment due to the official enactment of the Private Economy Promotion Law and other supportive measures.  
- The focus for private enterprises is to align with national strategies for high-quality development and innovation while capitalizing on new industry trends and technologies.

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Lei Jun: In the next five years, Xiaomi will focus on tackling core underlying technologies such as chips, AI, and operating systems