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More Details of Private Sector Symposium Revealed; Huawei Founder Tells Xi Concerns Over 'Lack of Chips & OS' Have Eased
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Recently, Chinese President Xi Jinping hosted the private sector symposium. During the symposium, Xi stated that further efforts will be made to address the major issues faced by private-owned enterprises in their operations and development, so that China's private economy can develop in a healthy and high-quality manner.

In addition, Huawei founder Ren Zhengfei told Xi at the symposium that the previous concerns over the "lack of chips and operating systems (OS)" have eased. XIAOMI-W (01810.HK) Chairman Lei Jun also expressed his confidence in future development despite the volatile international climate.

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