Private economy developed slowly in the early stages of urbanization and industrialization in Jilin province. At present, however, it has become an important engine to pull the economic development and significantly improve the level of the urbanization and industrialization of Jilin province. However, there are still some constraints on the development of private economy in Jilin province according to the survey, such as weak innovation ability, difficult financing, heavy tax burden, insufficient policy advocacy and operational differential, and so on. Therefore, it is necessary to further build environment conducive to the development of private enterprises and soil, break down the barriers to the integration of the private economy into urbanization and industrialization, and establish a interaction mechanism for the development of private economic and urbanization and industrialization.