From the beginning of this year, Tianjin has constantly strengthened support for development of private economy and effectively promoting private economy to develop rapidly. Private economy realized added value of about RMB175b, nearly accounting for 39% of the city’s total. From January to September this year, Tianjin private enterprises increased by 9300, up by 9.83% with registered capital increasing RMB77.085b, up by 35.25%. The newly-established private enterprises make up 92% of all sorts of enterprises all over the city with newly-added registered capital accounting for 60% of the registered capital of all sorts of newly-established enterprises. Among the newly-established private enterprises, there are 632 ones with registered capital of more than RMB10m, and 58 ones with registered capital of more than RMB100m, thus starting point of enterprises is obviously uplifted.