Longyao county in Xingtai city, North China's Hebei province, boasts a vibrant private economy. Renowned enterprises such as the food company Jinmailang Group, logistics company Baoxin Group, and valve supplier Yuanda Group have emerged as household names across the country.

Their robust development has been supported by the Standing Committee of the Longyao County People's Congress, which has played a pioneering role in improving local business environment. It has established local business environment monitoring stations and created a "financing supermarket" tailored for private enterprises, which offer timely assistance to enterprises and resolve their concerns efficiently.

Since June 2023, the local legislature has set up business environment monitoring stations at 53 enterprises where 59 deputies to the people's congresses at various levels work. The stations serve as a platform for collecting and addressing issues and suggestions related to production and business operations on a bi-weekly basis, ensuring efficient feedback and follow-up.

Li Jianwei, deputy general manager of the Baoxing Group and a deputy to the National People's Congress (NPC), serves as a supervisor at the monitoring station in his company to ensure that issues and suggestions put forward by its staff are promptly addressed.

"Whether it's a business-related challenge or a day-to-day issue, you will definitely receive a response from the relevant department within 15 days, and some may even be resolved as quickly as the next day," Li said.

Statistics show that monitoring stations for business environment across the county have collected a total of 149 suggestions related to business environment optimization, covering issues concerning land use, employment, financing and licensing. Out of these, 142 have been resolved, with a completion and response rate of over 95 percent.

The "financing supermarket" initiative launched by the Standing Committee of the Longyao County People's Congress has also received wide recognition among local enterprises.

Since its inception in June 2022, the local legislature has facilitated the authorization of credit limits totaling more than 5.55 billion yuan ($770.5 million) and new loans amounting to nearly 237 million yuan. This initiative has effectively alleviated financing difficulties for local enterprises and injected continuous vitality into the development of the private economy.

The Standing Committee of the Longyao County People's Congress has also actively carried out legal education outreach activities as part of its efforts to optimize the business environment.

Previous legal education activities, including those focusing on the Trademark Law and the Company Law, had been well received by the business community, according to Kang Yingxiang, chairman of the Standing Committee of the Longyao County People's Congress. Currently, preparations are underway for a special lecture on the Private Sector Promotion Law to assist private enterprises in gaining a deeper understanding of this first specialized legislation, thereby enhancing their confidence in development, Kang added.

The Private Sector Promotion Law, which was passed at the 15th session of the Standing Committee of the 14th NPC, will take effect on May 20, 2025.

"This timely legislation has been welcomed with enthusiasm in Longyao, serving as a significant boost for private enterprises and demonstrating the government's unwavering commitment to supporting and promoting the private sector," Li, from the Baoxing Group, said.

The local legislature will further efforts to improve services for private enterprises.

"We will follow the provisions of the Private Sector Promotion Law to enhance our role in promoting efficient administration, favorable market conditions, and a fair and law-based business environment," Kang said.