Xi Meets With Various Chinese Business Leaders, Including Jack Ma, Sending a Strong Signal Towards the Private Sector
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The meeting is seen as a possible directional shift from Beijing. Chinese President Xi Jinping welcomed Alibaba co-founder Jack Ma and the country's top tech managers on February 17, 2025, in Beijing. The meeting suggests that officials may steer the country towards a more business-friendly direction after years of regulatory crackdowns. Among those present were Huawei founder Ren Zhengfei, BYD CEO Wang Chuanfu, CATL CEO Zeng Yuqun, and Xiaomi CEO Lei Jun, according to a report by the state broadcaster CCTV. The meeting brings further optimism...
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