The inaugural meeting of the Lüliang Private Entrepreneurs Federation was held at Pengfei.

Release Date:

2018-11-26

In alignment with the national Belt and Road Initiative externally and in support of the private sector’s development domestically, the Lüliang Private Entrepreneurs Association—a social organization jointly initiated by Pengfei Group and Shanxi Loudong Industrial and Trade Group and involving various private enterprises across Lüliang City—was officially established today. Yang Jucái, Vice Mayor of the Lüliang Municipal Government, and Wang Tinghong, Mayor of the Xiaoyi Municipal Government, attended the association’s inaugural ceremony and unveiled its plaque.

External Coordination The Belt and Road Initiative, a national strategy, has been fostering the development of the private sector domestically. Today, the Lüliang Private Entrepreneurs Association—a social organization jointly initiated by Pengfei Group and Shanxi Loudong Industrial and Trade Group and involving various private enterprises in Lüliang City—was officially established.

Yang Jucái, Vice Mayor of the Lüliang Municipal Government, and Wang Tinghong, Mayor of the Xiaoyi Municipal Government, attended the inaugural meeting of the federation and unveiled the plaque. Chairman Zheng Peng participated in the event and was elected as the first president.

The conference voted to adopt the Articles of Association of the Lüliang Private Entrepreneurs Federation, along with other related proposals.

At present, the Lüliang Private Entrepreneurs Association has admitted member units. With 110 member organizations, the federation spans diverse sectors including equipment manufacturing, coal chemical engineering, new energy, new materials, electronic information technology, biopharmaceuticals, modern agriculture, modern services, baijiu production, photovoltaics, big data, and cultural tourism. Adhering to a working approach of simultaneous preparation, event implementation, and exploration, the federation has already conducted two high‑level training programs to enhance the capabilities of private entrepreneurs, renovated a showcase hall for Lüliang’s renowned, specialty, and premium products as well as a dedicated venue for private‑sector activities, and launched a bimonthly publication titled “Xiansheng.” Moving forward, it will continue to strengthen advanced training for private entrepreneurs; select expert‑level members from among its affiliates to deliver practical courses on corporate management, marketing, capital operations, information technology development, and legal risk prevention; organize semiannual matchmaking events connecting private enterprises with small, medium, and micro businesses; and effectively implement the “Three‑Delivery” service initiative—bringing policies, experts, and support directly to private enterprises.

Chairman Zheng Peng stated, On November 1, General Secretary Xi Jinping convened a symposium with private-sector entrepreneurs, offering them reassurance and bolstering their confidence in fostering a favorable business environment and achieving further development. The establishment of the federation will effectively pool this valuable resource—private-sector entrepreneurs—under the guiding principles of promoting economic and trade exchanges, encouraging mutual learning, and fostering mutual support. It will consistently uphold the spirit of boldness in pioneering, experimentation, competition, and striving, striving to be practitioners and pioneers of the Scientific Outlook on Development, continuously improving the corporate employment climate, and enhancing enterprises’ core competitiveness. Chairman Zheng Peng called on all private-sector entrepreneurs to embrace the ethos of lifelong and comprehensive learning, to uphold the ideals of serving the country through industry and upholding integrity and reason, to truly become dedicated practitioners of social service and enthusiastic contributors to poverty alleviation and assistance, and to forge a new, exemplary image for private-sector entrepreneurs in the new era.

Yang Jucái extended his congratulations on the establishment of the Lüliang Private Entrepreneurs Federation and expressed his gratitude to private entrepreneurs who have contributed over the years to the city’s economic and social development. He urged all private entrepreneurs to fully recognize the significance of founding the Federation and the mission and responsibilities it entails, and to leverage its role as a vital bridge by organizing diverse activities, conducting educational and training programs, and expanding channels for external engagement. He also called on the Federation to establish robust platforms for communication between enterprises and government departments, foster information‑sharing among businesses and between enterprises and the market, and effectively mobilize various social resources to strengthen its service capabilities, build a reputable brand, and strive to make the Federation a true home for private enterprises. Finally, Yang Jucái emphasized that private entrepreneurs should seize the overarching trends of the times, maintain unwavering confidence in development, take the lead in advancing high‑quality growth of the private sector, and make new and even greater contributions to Lüliang’s economic and social progress.

At the conclusion of the meeting, Yang Jucái, Vice Mayor of the Lüliang Municipal Government, and Chairman Zheng Peng jointly presented… The “Lüliang Private Entrepreneurs Federation” was officially inaugurated, with other relevant leaders present to witness the occasion.