China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

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China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

//business-finance.news-articles.net/content/202 .. usiness-leaders-including-alibaba-s-jack-ma.html

Published in Business and Finance on Monday, February 17th 2025 at 8:40 GMT by MSN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

China's President Xi Jinping met with private sector business leaders on Monday, offering them assurances that policies regarding the private sector would not change, state media reported, as government officials work to revive an economy disrupted by a pandemic,

2025-02-17 155 x 110 / 3908 Bytes

In a recent meeting with prominent business leaders, including Alibaba's co-founder Jack Ma, Chinese President Xi Jinping emphasized the importance of policy stability and support for the private sector. Xi's comments come at a time when China is facing economic challenges, including a slowing economy and strained relations with the U.S. He reassured business leaders that China would continue to foster a favorable business environment, promote fair competition, and protect the rights of entrepreneurs. This engagement signals a potential shift towards more supportive policies for private enterprises, aiming to boost economic confidence and growth amidst global uncertainties. Xi's dialogue with business magnates like Ma, who has had a complex relationship with government policies in the past, underscores the government's intent to mend ties with the tech sector and stimulate economic recovery.

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