Editor's note: Chinese entrepreneurs hailed the report to the 20th National Congress of the Communist Party of China and expressed their confidence in future development in various industries.

As a veteran of innovation and entrepreneurship for a long time, I pay particular attention to the development direction of improving the science and technology innovation system, said Mao Daqing, chairman and founder of shared workspace provider Ucommune and member of the Standing Committee of the Beijing Federation of Industry and Commerce.

The report emphasized that innovation will remain at the heart of China's modernization drive, and the country is improving systems for scientific and technological innovation.

China has experienced an extraordinary five years with great achievements since the 19th CPC National Congress. After listening to the report, my greatest feeling is that it is a report with a distinctive theme, comprehensive content and prominent focus. It is a programmatic document that starts a new journey, Mao said.