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What was the purpose of Xi Jinping's meeting with Chinese business leaders?

Xi Jinping met with prominent business leaders including Jack Ma of Alibaba and Pony Ma of Tencent to address challenges facing China's private sector. During the meeting at Beijing's Great Hall of the People, Xi urged entrepreneurs to unify behind the Communist Party's economic 2025 policies, assuring them that current challenges were surmountable. This gathering represents a significant shift in tone as Beijing attempts to revitalize the economy amid multiple crises including real estate problems, low consumption, and high youth unemployment.

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Xi Jinping's Meeting with Business Leaders in China

WION·7 months ago

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