Chinese President Xi Jinping held a rare meeting with the leaders of his country's top technology companies. At the meeting, Xi emphasized that the tech industry should support China's overall economic development. Analysts say the meeting could mark an end of China's regulatory crackdown on tech companies, underway since 2022.
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00:00Chinese President Xi Jinping has held a rare meeting with the heads of his country's leading
00:05tech companies. Among those present, Huawei's founder Ren Zhengfei, Alibaba founder Jack Ma
00:11and Tencent CEO Pony Ma. Liang Wenfeng, the founder of artificial intelligence company DeepSeek,
00:18was also present. At the meeting, Xi said that technology companies should serve the goal of
00:24China's overall economic development. It's the most forceful sign China could shift its approach
00:30to the tech industry after a sweeping regulatory crackdown that began in 2022.