China’s Xi Jinping to hold high-level meeting on Monday with top tech entrepreneurs
Chinese President Xi Jinping will host a meeting next week with top entrepreneurs to acknowledge technological advancements and show support for the private sector. The meeting, expected to include 20-30 founders and CEOs from major Chinese tech companies, is particularly significant as China prepares for its annual legislative and advisory meetings to strategize economic growth amidst trade tensions with the US.
This meeting occurs as companies like DeepSeek and Huawei have achieved breakthroughs that help mitigate US restrictions. DeepSeek recently launched a low-cost large language model that rivals those of Silicon Valley giants, while the upcoming "two sessions" may introduce legislation to further protect the private sector, signaling a broader effort to bolster China's technological independence and economic resilience.
via SCMP Full Text Feed
Chinese President Xi Jinping will host a meeting next week with top entrepreneurs to acknowledge technological advancements and show support for the private sector. The meeting, expected to include 20-30 founders and CEOs from major Chinese tech companies, is particularly significant as China prepares for its annual legislative and advisory meetings to strategize economic growth amidst trade tensions with the US.
This meeting occurs as companies like DeepSeek and Huawei have achieved breakthroughs that help mitigate US restrictions. DeepSeek recently launched a low-cost large language model that rivals those of Silicon Valley giants, while the upcoming "two sessions" may introduce legislation to further protect the private sector, signaling a broader effort to bolster China's technological independence and economic resilience.
via SCMP Full Text Feed
