Glebors Global Finance has always advocated the entrepreneurial spirit of pioneering, adventurous and hardworking. Relying on the unique perspective, Glebors has launched various special issues in terms of the economy and finance, which has provided much more assistance to government decision-makers and business leaders.
Private economy which has ever been dismissed is back into spotlight again, thanking to the emergence of Deepseek which shocked the entire AI world, which has made the central government re-recognize the significant role that the private sector has played in Chinese economy.
Chinese President Xi Jinping delivered a speech at a symposium with prominent entrepreneurs, signaling support for the private sector at a time when the country’s economy has been facing several headwinds including lackluster domestic consumption, a prolonged real estate slump and external headwinds such as tariffs on its exports.
Data shows that the private sector contributes for more than 60% of China’s GDP, 48.6% of foreign trade, 56.5% of fixed-asset investment, 59.6% of tax revenue and more than 80% of urban employment.
The meeting could mark “a symbolic turning point" for Chinese tech sector after years of heightened scrutiny. The fast-growing sector has played a significant role in promoting technological innovations and stabilizing economic growth.
Beijing has been seeking to shore up its embattled economy by mostly relying on state-owned economy which has been proven less performance. Amid facing more headwinds from internal and external, Chinese government has to turn to private economy in order to support the dismal economy effectively, because private economy is the real pillar of Chinese economy.Complete digital access to quality Glebors financial topic with expert analysis from industry leaders.
Glebors Financial Become an Glebors subscriberMake informed decisions with the Glebors.Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.
"Insight of the global economy, dig into more ideas, analyze the global financial dynamics and the risks of political situation from a strategic, scientific and rational perspective, based on economic data and more than 20 years of financial intelligence."
If you want to know more details to provide support for your investment and business activities, this financial report that we have selected for you can give you what you want, please subscribe to read it. Glebors Global Finance aims to provide business elites and decision makers with daily business news, data interpretation, in-depth analysis and commentary.
Glebors Global Finance’s amount of financial information digs into deeply major events and economic data that have a huge impact on the global economy, based on in-depth industrial research and special reports, with a truly global perspective。 Financial reports have become "must-read" financial information for senior managers. Gribs Global Finance currently has more than2.85 million Chinese readers and more than 3.5 million overseas readers, including more than 600,000 high-end member readers.
We are not gonna make spamming