On Monday, Chinese President Xi Jinping met with the heads of some of China’s largest companies and dozens of promising startups.
Reuters reported that he encouraged private companies to invest more amid heightened geopolitical tensions, particularly with the United States.
Limited information has been available about the meeting, with state media reporting on it that has largely focused on Xi’s statements.
Analysts said that among the invited companies, representatives from Chinese technology giant Huawei and Chinese electric car maker BYD, which the president sees as essential for the country’s technological and supply chain security, were among the front-row seats.
