China's Xi urges entrepreneurs to 'show their talents' in sign of support for private business

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China's Xi urges entrepreneurs to 'show their talents' in sign of support for private business

//business-finance.news-articles.net/content/202 .. nts-in-sign-of-support-for-private-business.html

Published in Business and Finance on Monday, February 17th 2025 at 6:40 GMT by MSN

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

Chinese President Xi Jinping on Monday urged entrepreneurs to "show their talents" in a "new era" for the nation's businesses, state news outlet Xinhua reported.

2025-02-17 248 x 130 / 5647 Bytes

Chinese President Xi Jinping has called on entrepreneurs to demonstrate their talents and contribute to the nation's economic growth, signaling a supportive stance towards the private sector. During a meeting with representatives from the All-China Federation of Industry and Commerce, Xi emphasized the importance of the private economy in promoting high-quality development and encouraged business leaders to innovate, create jobs, and support national goals like technological self-reliance and rural revitalization. This outreach comes amidst efforts to reassure private businesses after a period of regulatory crackdowns, aiming to boost economic confidence and stimulate growth in the face of global economic challenges.

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