Attending the seminar to promote Chinese private enterprises were technology giants such as Alibaba, DeepSeek, Tencent and Unitree Robotics.
Mr. Xi Jinping and private business representatives at the discussion on February 17 - Photo: XINHUA
According to Xinhua News Agency, on the morning of February 17, Chinese President Xi Jinping attended a private enterprise seminar in Beijing. After listening to speeches from business representatives, Xi delivered a speech on promoting the development of the private economic sector and the high-tech sector.
This is the first large-scale private enterprise seminar held in more than six years (since 2018), aiming to strengthen confidence in the private economy and restore expectations of enterprises in China.
Interested in both traditional and high-tech industries
According to Xinhua News Agency, the conference was attended by many senior leaders, including Chinese Premier Li Qiang, Chinese Vice Premier Ding Xuexiang and the chair of the discussion was Chairman of the Chinese People's Political Consultative Conference Wang Huning.
The conference was also attended by a number of prominent private business leaders, notably Contemporary Amperex Technology (CATL) chairman Zeng Yuqun, Alibaba founder Jack Ma, Tencent chairman Ma Huateng and DeepSeek founder Liang Wenfeng.
Other businessmen such as Huawei founder Ren Zhengfei, BYD (By Your Dream) chairman Wang Chuanfu, New Hope Group chairman Liu Yonghao, Will Semiconductor chairman Yu Renrong, Unitree Robotics CEO Wang Xingxing, and Xiaomi chairman Lei Jun also participated in the speech, giving opinions and suggestions to promote the development of the private economy. This shows that China is interested in both traditional and high-tech industries.
In his speech, Chinese President Xi Jinping emphasized the important contributions of the private economy in China and described the role of the private economy as "large in scale and accounting for a significant proportion" in China's economy.
Mr. Tap also pointed out the challenges that private enterprises are facing, including barriers in accessing production resources and markets, problems related to debt and over-collection, over-fines, and over-inspections, and called for the removal of these barriers and the handling of private enterprises' outstanding debts.
Increasing competitiveness for the private economy
CATL Chairman Zeng Yuqun, Alibaba founder Jack Ma and Xiaomi Chairman Lei Jun in the front row of the panel discussion - Photo: CCTV
Besides calling for addressing the challenges facing private enterprises, Mr. Tap also emphasized the serious implementation of policies to support the private economy, expand the competitive infrastructure sector and protect the legitimate rights and interests of these enterprises.
According to experts, this conference has opened an important forum for Chinese private enterprises to present difficulties and opportunities in the changing economic context.
Amid intensifying technology competition with the US and turmoil caused by China's real estate crisis, the country is pushing policies to enhance innovation capacity and improve the business environment to boost the competitiveness of the private sector.
These measures not only help strengthen the position of domestic enterprises, but also support China to maintain stability and development in an uncertain global economic environment.
However, the reality shows that the success of these policies depends on the ability to implement and transform support measures into concrete actions. This will create momentum for the sustainable development of the Chinese economy in the future.
Source: https://tuoitre.vn/ong-tap-gap-cac-ong-lon-cong-nghe-trung-quoc-co-alibaba-va-deepseek-20250218114936818.htm
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