Innovation key for young entrepreneurs

Shen Ying, secretary of the Leading Party Members Group of the All-China Federation of Industry and Commerce

The private economy has huge potential and young entrepreneurs are the driving force of China's innovation and high-quality growth. For young entrepreneurs, innovation is the first engine. You've got the mindset, the insight and the courage — so lean into it.

The world today is more open, more complex and full of opportunities and challenges. Now is the time to embrace the entrepreneurial spirit, balance profit with social value and create both economic gain and public benefit. That's how Chinese private entrepreneurs build something lasting.