The Private Economy Bureau of the National Development and Reform Commission came to Wanxiang to promote the "Law on Promoting the Private Economy."
2025-08-13
On July 29, Deputy Director Liu Min and his delegation from the Private Economy Development Bureau of the National Development and Reform Commission visited Wanxiang to promote the "Law on Promoting the Private Economy," toured the Lu Guanqiu Spirit Exhibition Hall, and held a symposium and exchange with Lu Weiding.

Lu Weiding reported on the spirit of the initiative. She provided a detailed overview of the implementation status following the promulgation of the “Law on Promoting the Private Economy,” and stated that the National Development and Reform Commission will continue to play its coordinating role, integrating local experiences and business demands into the formulation of supporting policies, thereby deepening and solidifying the implementation of relevant policies. She also briefed on the development progress of Wanxiang’s intelligent control business in the machinery and energy industries, and offered suggestions and advice on the effective implementation of the “Law on Promoting the Private Economy” and the further development of the private economy. Liu Min affirmed Wanxiang’s development practices and management philosophy, and proposed encouraging more young entrepreneurs to come to Wanxiang to learn from its corporate management experience and the entrepreneurial vision of Lu Guanqiu, thus providing strong support for the long-term development of the private economy.
Relevant officials from the Private Economy Bureau of the National Development and Reform Commission, as well as from the Zhejiang Provincial Development and Reform Commission and the Hangzhou Municipal Development and Reform Commission, attended the meeting.