Xi Jinping told the symposium Beijing’s policy of “encouraging, supporting and guiding” the private economy “has not changed”. Photo: CCTV

Xi Jinping tries to give private business a ‘confidence boost’ as economic slowdown bites

  • The president tells gathering of entrepreneurs that their businesses will be supported with ‘substantial’ tax cuts and bailout funds
  • He promises equal treatment of private and public sectors, saying personal and property rights will be protected
Topic |   China economy

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Xi Jinping told the symposium Beijing’s policy of “encouraging, supporting and guiding” the private economy “has not changed”. Photo: CCTV
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.