Xi Jinping backs China’s private sector at meeting with entrepreneurs
President Xi Jinping assured China's top entrepreneurs that the government's commitment to the private sector remains steadfast and unchanged. He emphasized that policies supporting the private economy are integral to the socialist system and will be consistently upheld, addressing concerns about potential shifts in policy direction.
This symposium, the first of its kind hosted by Xi since 2018, comes at a time when private sector confidence has been shaken by economic challenges, geopolitical tensions with the US, and regulatory crackdowns. Xi acknowledged these difficulties as temporary, arising from reform and industrial upgrades, and expressed confidence that they can be overcome, encouraging entrepreneurs to contribute their talents and make significant contributions.
via SCMP Full Text Feed
President Xi Jinping assured China's top entrepreneurs that the government's commitment to the private sector remains steadfast and unchanged. He emphasized that policies supporting the private economy are integral to the socialist system and will be consistently upheld, addressing concerns about potential shifts in policy direction.
This symposium, the first of its kind hosted by Xi since 2018, comes at a time when private sector confidence has been shaken by economic challenges, geopolitical tensions with the US, and regulatory crackdowns. Xi acknowledged these difficulties as temporary, arising from reform and industrial upgrades, and expressed confidence that they can be overcome, encouraging entrepreneurs to contribute their talents and make significant contributions.
via SCMP Full Text Feed
