Xi Jinping Meets Top Chinese Business Leaders, Including Jack Ma

The rare meeting signals a potential shift in Beijing's approach to private enterprises as China faces economic challenges.

Chinese President Xi Jinping held a significant meeting with leading private sector executives at the Great Hall of the People in Beijing.
Jack Ma, Alibaba's founder, attended the meeting, marking his return to prominence after years of strained relations with Chinese authorities following his 2020 criticism of financial regulators.
Other participants included Ren Zhengfei of Huawei, Wang Chuanfu of BYD, and Zeng Yuqun of CATL, highlighting the focus on tech and innovation sectors.
The meeting comes as China grapples with slowing economic growth, high youth unemployment, and weak consumer spending post-COVID-19 recovery.
Analysts view the meeting as an effort to reassure private businesses of their role in China's economic development amidst past regulatory crackdowns.