Beijing’s schmoozing of China’s private sector a ‘strategic move’

Quick Summary:

Beijing is repositioning the private sector as the cornerstone of China's global competitiveness and technological edge in the face of growing geopolitical and economic headwinds, according to analysts' assessments following President Xi Jinping's meeting with prominent entrepreneurs.

The meeting signalled Beijing's shift from rectification to revitalisation, and that China has concluded its regulatory-tightening cycle, according to economists led by Robin Xing, chief China economist at Morgan Stanley.

Following the symposium, China's National Development and Reform Commission on Tuesday unveiled measures intended to support the private sector.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaUnited States

Topics: Private Beijing Sector Entrepreneurs Founder Regulatory Monday Policy Economic China Meeting

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 16:48:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 773 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26271139

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