On Feb. 17, Chinese President Xi Jinping met with over a dozen founders and CEOs from major industries, including technology, EVs, gaming, and cybersecurity.

The meeting aimed to boost confidence in the private sector.

Notable attendees included Jack Ma, co-founder of Alibaba, who returned to public life after regulatory scrutiny, and executives from Huawei, Xiaomi, and BYD, key players in tech and EVs.

The meeting also included Robin Zeng from CATL, Pony Ma from Tencent, and representatives from Meituan, Qi An Xin Technology, and Will Semiconductor.

These companies span sectors like food delivery, cybersecurity, and microchip production.

This gathering follows efforts to restore confidence in China’s private sector after a period of regulatory challenges.