Meeting with top businessmen, Xi Jinping pledges to maintain policy stability

Chinese President Xi Jinping met with private business leaders on February 17 and pledged not to change policies related to this important economic sector.

According to AP, Xi Jinping's remarks come as Chinese government officials are working to boost economic growth.

Chinese President Xi Jinping speaks at a symposium on private enterprises in Beijing on February 17, 2025.

Among the business representatives in attendance were Alibaba founder Jack Ma, CATL battery developer Tang Yuqun, BYD electric vehicle manufacturer Wang Chuanfu, Tencent CEO Pony Ma, Huawei CEO Ren Zhengfei, and DeepSeek founder Liang Wenfeng.

During the meeting, President Xi Jinping emphasized that the private sector has vast prospects and enormous potential on its new journey in the new era. He called this a golden opportunity for private enterprises and entrepreneurs to unleash their full potential, according to Xinhua News Agency.

President Xi called for achieving consensus and strengthening trust to promote the healthy and high-quality development of the private sector. The leader said that the Chinese Communist Party and the state are committed to persistently consolidating and developing the public sector while simultaneously encouraging, supporting, and guiding the development of the private sector.

Chinese President Xi Jinping met with representatives of private businesses in Beijing on February 17, 2025.

President Xi Jinping emphasized that the current difficulties and challenges facing the private sector can be overcome and called for confidence in the future. He also stated that the government will "wholeheartedly protect the legitimate rights of private enterprises and entrepreneurs as stipulated by law."

However, the Chinese leader also affirmed: "Any illegal activities by businesses will inevitably be investigated and punished."

According to the Global Times , citing data from China's State Administration for Market Regulation, by the end of September 2024, the number of registered private enterprises nationwide had exceeded 55 million, with private enterprises accounting for 92.3% of the total.

Source: https://thanhnien.vn/gap-cac-doanh-nhan-hang-dau-ong-tap-can-binh-cam-ket-giu-on-dinh-chinh-sach-185250218081301189.htm