Discussion on the Development of Chinese Private Economy in the New Era

Since the implementation of the reform and opening-to-the-outside policy, the status and function of Chinese private economy has improved steadily.20 years ago,the private economy was only a necessary complement to the state economy, but now it has become an important component of the socialist development of the private economy reveals that only with the support of the policies of the communist party can the private develops quickly, and the development of the private economy can raise its status in the national economy.The deepening of the understanding of the function of the private economy and the improvement of the practice help each other, and the process is the unique developing way of Chinese private economy.