After 6 Years, China Reconvenes Meeting with Private Entrepreneurs
After six years, China’s “Private Enterprises Symposium” convenes once again.
According to the video report by CCTV News on February 17, the private entrepreneurs attending the symposium included: Huawei founder Ren Zhengfei, Alibaba founder Jack Ma, Tencent Chairman and CEO Pony Ma, and Xiaomi Group’s founder, Chairman, and CEO Lei Jun, among others.
Why has this symposium attracted the attention of various sectors of the market? Because six years ago, after the private enterprise symposium was held, measures to support the development of the private economy entered an intensive introduction and implementation phase.
The founder, chairman, and CEO of Xiaomi Group, Lei Jun
The symposium in 2025 pointed out that some of the difficulties and challenges faced by the current development of the private economy are generally arising in the process of reform, development, and industrial transformation and upgrading. They are local rather than overall, temporary rather than long-term, and are conquerable rather than unsolvable.
Meanwhile, the symposium also emphasized the need for resolutely breaking down obstacles to the legal and equitable use of production factors and fair participation in market competition, continuously promoting fair access for various business entities to competitive fields of infrastructure, and vigorously addressing the financing difficulties and high financing costs of private enterprises. Efforts must be made to solve the problem of arrears owed to private enterprises. Law enforcement supervision should be strengthened, focusing on rectifying arbitrary charges, fines, inspections, and seizures, and legally protecting the legitimate rights and interests of private enterprises and entrepreneurs.
The founder of Huawei, Ren Zhengfei attended the meeting.
According to well-known economist Pan Helin, who is a member of the Ministry of Industry and Information Technology’s Information and Communication Economics Expert Committee, the symposium holds three main significances: firstly, enhancing communication with private enterprises, secondly, boosting the confidence of private enterprises, and thirdly, optimizing government policies toward private enterprises.
Pan Helin believes there are two considerations for holding the symposium at this point in time: on the one hand, it is before the Two Sessions, and there is a qualitative approach to policies for private enterprises and technology enterprises, determining the keynote for the Two Sessions; on the other hand, because Chinese private enterprises have made some achievements in the technology field, such as DeepSeek, UTree Robotics, as well as in new retail and autonomous driving, giving these private enterprises further encouragement and incentives for innovation is conducive to the rapid transformation and upgrading of the Chinese economy.
It is noteworthy that some smaller emerging companies, such as Liang Wenfeng, founder of the globally acclaimed DeepSeek, and Wang Xingxing, founder and CEO of UTree Technology, which recently appeared on the Spring Festival Gala in the Year of the Snake, also attended the symposium.
Editor: Zhongxiaowen
