Yesterday, I touched on Xi Jinping’s recent speech, but details at the time were quite limited. Fortunately, Xinhua has now shared a more detailed account, placing significant emphasis on the speech’s importance. You can find the full piece in the link provided, which is quite the enthusiastic endorsement.
To summarize, President Xi called for a robust and high-quality development trajectory for China’s private sector, pointing out the vast opportunities and potential it holds for the new era. He stressed the need for confidence and consensus in nurturing private enterprise growth, reaffirming the Party’s dedication to supporting both public and private sectors on an equal footing. Xi’s remarks included a pledge for equitable access to resources, ensuring fair competition in the marketplace, and robust legal protections for all economic players. He advocated for eliminating obstacles to market entry, ensuring fair competition, and enhancing financing solutions for private companies. The protection of private businesses and entrepreneurs’ rights under the law was another key point in his speech. Lastly, he encouraged private businesses to embrace entrepreneurship and patriotism, urging them to contribute towards China’s modernization efforts.
Accompanying the report was an image of Xi looking quite at ease and smiling.
Joining the session were Li Qiang, who serves on the Standing Committee of the Political Bureau of the CPC Central Committee and is the Chinese Premier, along with Ding Xuexiang, also a member of the Standing Committee of the Political Bureau and the Chinese Vice Premier.
