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The problems and countermeasures of private economy transformation and upgrading

As the main body in market economy, private economy plays a major role in both the economic structure adjustment and industrial restructuring and upgrading. Although having made significant achievements, its problems and defects are gradually exposed. The development of private economy has entered a critical period of transformation and upgrading. This paper mainly discusses the problems and countermeasures of private economy transformation and upgrading under the background of the transformation and upgrade.