Private Enterprises in China Show Resilience and Vitality Through Innovation and Proactive Positioning

Deep News
Yesterday

Private enterprises serve as a key force in cultivating new quality productive forces. During recent research visits, reporters gained a deep sense that despite a complex situation marked by mounting external pressures and considerable domestic difficulties, private enterprises are scaling new heights and striving for excellence, seizing new opportunities while expanding markets and strengthening competitiveness through innovation-driven transformation, injecting strong momentum into high-quality economic development.

In response to personalized market demand for smart glasses, Beijing Xingzhe Wujiang Technology Co., Ltd. has launched a series of augmented reality (AR) glasses products, fully adaptable to diverse usage scenarios such as audio-visual entertainment and mobile office work. "In recent years, our AR glasses products have maintained triple-digit growth annually," said Jiang Gonglüe, founder and CEO of the company. He stated that the company will use technological innovation as a driving force to continuously expand smart glasses applications in industrial and enterprise-level scenarios such as scientific research and healthcare, while deeply tapping new growth potential in overseas markets including Europe and the United States.

By matching premium supply with diverse demand and stimulating the release of consumption potential, intelligent consumption is gradually becoming a new consumer trend. In the first eight months of this year, retail sales of wearable smart devices by enterprises above designated size maintained high-speed growth, with sales of smart glasses on key platforms increasing 1.2 times year-on-year. U.S. consumer news and business channel CNBC recently cited forecast data from market research firm Omdia stating that global smart glasses market sales will grow by more than 70% this year, with total volume expected to reach 15 million units, of which the Chinese market is projected to double to 2.1 million units.

China's vast market contains enormous development opportunities. Targeting segmented markets with precision and accelerating the cultivation of differentiated competitive advantages, private enterprises are striving to break new ground through value creation. Putting on a glove, opening the palm wide and making a fist, the user's palm flexibility, range of motion and other data are displayed on a screen, which then automatically generates a rehabilitation training plan... Walking into the smart elderly care center of the West China Medical Robot Research Institute in Wenjiang District, Chengdu, Sichuan Province, reporters observed several elderly people using hand rehabilitation training robots for rehabilitation exercises. "Currently, this hand rehabilitation training robot has been sold to multiple cities including Beijing, Shanghai and Chengdu. Building on sales of more than 100 units last year, sales are expected to double this year," said Li Kang, chairman of Huaxi Jingchuang Medical Technology (Chengdu) Co., Ltd., the operating entity of the research institute.

The silver-haired population not only brings elderly care needs but is also reshaping the consumption structure. Accelerating the transformation and application of elderly care robot innovations, developing and processing low-sugar, high-protein foods suitable for the elderly, and researching and applying clothing with specific functions such as safety protection and heat retention... In response to the multi-level and diversified consumption needs of the elderly, private enterprises are continuously optimizing elderly care services, enriching the supply of age-friendly products and expanding new business growth points. Data shows that by the end of 2025, the number of people aged 60 and above nationwide had reached 320 million. According to estimates, by 2035, China's silver economy scale is expected to exceed 30 trillion yuan, presenting a valuable opportunity period for the upgrading of elderly care services. "From meeting basic elderly care needs to pursuing a more quality-oriented and vibrant later life, the elderly have increasingly growing demands for daily care, emotional companionship and social support, which will open up new development space for private enterprises to tap into the silver economy market," said Zhang Xiaolan, a researcher at the Informationization and Industry Development Department of the State Information Center under the National Development and Reform Commission.

Advancing toward innovation and competing on quality. Private enterprises dare to break out of their comfort zones, laying out future new tracks in advance and demonstrating strong innovative vitality. Recently, Wenzhun Intelligent (Xiongan) Technology Co., Ltd., in collaboration with the Department of Computer Science at Tsinghua University, released a new generation data large model LimiX-2. Unlike traditional large language models, LimiX belongs to the category of data models that focus on analyzing patterns from structured data, summarizing and making predictive decisions, primarily applied in scenarios such as enterprise production records and financial transactions to assist enterprise production decisions. "In March this year, the Ministry of Industry and Information Technology announced the launch of the 'Industrial Data Foundation Action,' proposing to empower a batch of industry large models, industrial intelligent agents and other applications to land, which has defined priorities for enterprise development," said Cui Peng, chief scientist of Wenzhun Intelligent. He noted that the company's technical team is currently continuously refining its self-developed technical approach and exploring a model of industry-scenario-driven model iteration to help artificial intelligence move more rapidly from prediction to precise decision-making.

On the innovation competition arena, private enterprises are actively positioning themselves. iFlytek announced a strategic investment in Liangyi Wanxiang (Beijing) Technology Co., Ltd. and jointly established Liangzhi Kaiwu (Beijing) Technology Co., Ltd.; BrainCo released its latest generation dexterous hand Revo3, capable of sensing deformations as small as 130 microns... Many private enterprises are advancing into frontier fields such as quantum information and brain-computer interfaces, accelerating breakthroughs and becoming leaders in emerging and future industries.

The stronger the innovation and creativity vitality of private enterprises, the more solid the foundation for economic development. By enriching the soil for development and optimizing the institutional environment, private enterprises gain more solid confidence to move forward. Various localities are devising new strategies and taking concrete measures to pave the way for private enterprise innovation and development: Zhangzhou City in Fujian Province precisely dispatches expert professors to serve as "science and technology vice presidents" for key private enterprises, promoting the rapid implementation of industry-university-research cooperation projects; Minhang District in Shanghai has created a dedicated registration platform for OPC (one-person company) to open up key registration links for single-person lightweight entrepreneurial entities... "Wherever the concerns of the private economy lie, concrete measures must follow. Focusing on what private enterprises need for development, we must further deepen, refine and substantiate measures, improve policy precision, implement them layer by layer, and continuously stimulate the vitality of the private economy to solidify the foundation for high-quality economic development," said Zhang Xiaolan.

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