Xi Jinping to Host Private Sector Symposium with Top Tech Leaders

The meeting will focus on boosting private sector confidence and addressing challenges in China's tech and economic landscape.

Chinese President Xi Jinping will chair a high-level symposium on Monday with leading entrepreneurs, including Alibaba's Jack Ma and Tencent's Pony Ma.
The meeting aims to recognize technological advancements, support private sector growth, and encourage business expansion domestically and internationally.
Attendees include representatives from major tech firms like Huawei, Xiaomi, and Yushu Technology, alongside Hangzhou-based startups known as the 'Six Little Dragons.'
The event takes place as China navigates economic headwinds, a trade war with the U.S., and a competitive global technology race.
DeepSeek, one of the highlighted companies, recently developed a cost-efficient large language model, challenging U.S. dominance in AI innovation.