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More on Xi Jinping’s Call to Boost China’s Private Sector

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I posted yesterday on Xi speaking but details were sparse.

Xinhua has since reported on Xi’s speech, really pumping up its importance.

Link is here for the full worship piece:

In brief:

  • Xi Jinping called for promoting the healthy and high-quality development of China’s private sector.
  • Highlighted the private sector’s broad prospects and potential in the new era.
  • Emphasized the importance of confidence and consensus to support private sector growth.
  • Reaffirmed the Party’s commitment to supporting both public and private sectors equally.
  • Stressed equal access to resources, fair market competition, and legal protection for all economic entities.
  • Encouraged removing barriers to market access, ensuring fair competition, and improving financing for private enterprises.
  • Called for protecting the rights of private businesses and entrepreneurs under the law.
  • Urged private enterprises to embrace entrepreneurship, patriotism, and contribute to Chinese modernization.

It even included a pic of a smiling relaxed Xi:

***

Li Qiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chinese premier, and Ding Xuexiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chinese vice premier, also attended the symposium.

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