You can read about it here: https://thediplomat.com/2020/09/are-private-chinese-companie...

You can read the full "Opinion on Strengthening the United Front Work of the Private Economy in the New Era" here[1] in English, though I suspect you don't need the translation.

Excerpts from what the Party says openly:

> Strengthening united front work in the private economy is an important means by which the Party’s leadership over the private economy is manifested.

> This will help continuously strengthen the Party’s leadership over the private economy, bring the majority of private economy practitioners closer to the Party

> Strengthening united front work in the private economy is an important part of the development and improvement of the socialist system with Chinese characteristics.

> Educate and guide private economy practitioners to arm their minds and guide their practice with Xi Jinping’s Thoughts on Socialism with Chinese Characteristics for a New Era; maintain a high degree of consistency with the Party Central Committee on political positions, political directions, political principles, and political roads; and always be politically sensible. Further strengthen the Party building work of private enterprises and sincerely give full play to the role of Party organizations (党组织) as battle fortresses and to the vanguard and exemplary role of Party members.

> Enhance ideological guidance: Guide private economy practitioners to increase their awareness of self-discipline; build a strong line of ideological and moral defense; strictly regulate their own words and actions

[1]: https://csis-website-prod.s3.amazonaws.com/s3fs-public/publi...