China held a symposium in Beijing to support private sector development, with President Xi Jinping meeting top entrepreneurs from major tech companies like Huawei, BYD, Tencent, Alibaba, and Xiaomi. The discussion emphasized the role of private enterprises in technological innovation and economic growth. Experts highlighted that the event reaffirmed China’s commitment to private business support, rejecting claims that the private sector’s role would diminish. The government pledged continued policies to advance strategic industries such as AI, aerospace, new energy, and quantum technology, ensuring China’s global competitiveness.
Source: CGTN
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