Economic Development · Full chronicle and history

At a symposium on private enterprises, Xi Jinping specifically refuted circulating societal narratives such as the "theory of the exit of the private economy" and the "new joint state-private ownership theory," emphasizing that the fundamental principles and policies of the Party and the state regarding the development of the private economy remain unchanged.

Peruvian economist Hernando de Soto published The Mystery of Capital in 2000, pointing out that the poor in developing countries hold large amounts of dead capital that lacks legal property rights.