Chinese President Xi Jinping attended a symposium on private enterprises in Beijing on Monday, emphasizing the vital role of the private sector in the nation’s economic development. Addressing representatives from various private companies, Xi urged efforts to promote healthy and high-quality growth within the sector.
“The private sector enjoys broad prospects and great potential,” Xi said, highlighting its significance in driving innovation, creating jobs, and boosting economic vitality. He called on entrepreneurs to seize opportunities, innovate, and contribute to China’s modernization efforts.
The symposium comes at a crucial time as China aims to balance economic growth with sustainable development. By encouraging the private sector, the government seeks to stimulate entrepreneurship and foster a dynamic market environment.
Experts note that a vibrant private sector is essential for economic resilience and global competitiveness. With supportive policies and a commitment to high-quality development, China’s private enterprises are poised to make significant contributions both domestically and internationally.
