In a significant move to bolster China's private sector, President Xi Jinping convened a high-profile symposium in Beijing on Monday. The event brought together dozens of entrepreneurs from some of the nation's most prominent private businesses, underscoring the pivotal role of private enterprises in China's technological advancement.
Leading the discussion were six key business representatives from the tech industry. Ren Zhengfei of telecom giant Huawei, Wang Chuanfu of electric car maker BYD, Liu Yonghao from animal feed producer New Hope, Yu Renrong of Will Semiconductor, Wang Xingxing from Unitree Robotics, and Lei Jun of smartphone manufacturer Xiaomi shared their insights on navigating the current economic landscape and driving innovation within their respective fields.
The symposium also featured appearances by notable figures such as Pony Ma from gaming and social media leader Tencent, Jack Ma of e-commerce powerhouse Alibaba, and Liang Wenfeng, the rising star in artificial intelligence from DeepSeek, as captured in footage by China Media Group (CMG).
Experts have lauded the event as a positive indicator for the future of private enterprises in China. The gathering highlights the essential contribution of private businesses to the nation's technological development and economic resilience, reinforcing the government's commitment to fostering a robust and dynamic private sector.
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Who are the tech giants attending symposium with President Xi?
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