Citi Institute's Exec-X highlights ten global insights from across the bank, including changing contours of global trade, private sector investment, the "do-it-for-me economy," and AI and digital progress. The report covers the shift in foreign direct investment distribution, reshaping of global trade and supply chains, and emerging opportunities for private funding. It also explores the impact of real-time information and interactions on consumers and corporate treasuries.
Beijing has demonstrated its continued commitment to the private sector with President Xi Jinping's recent speech, which underscored the importance of a level playing field for private firms and the protection of entrepreneurs' rights. The address, delivered in February to leading entrepreneurs, was made public by Qiushi, the ruling Communist Party's theoretical journal, on Friday [1].
Xi Jinping emphasized the need for policies and measures to promote the private economy to be implemented resolutely, without ambiguity, delay, or compromise. He acknowledged that while various enterprise relief policies have been introduced at all levels, many private businesses have reported limited tangible benefits. To address this, Xi called for enhanced policy precision, ensuring that measures are grounded in reality and translate into concrete assistance. He also stressed that enterprises of the same category should receive equal treatment.
Among the attendees were founders and CEOs from major tech companies such as Alibaba, Unitree Robotics, DeepSeek, and Huawei Technologies. The speech comes amidst ongoing discussions about the changing contours of global trade and private sector investment, as highlighted in the Citi Institute's Exec-X report [2]. The report also covers the shift in foreign direct investment distribution, the reshaping of global trade and supply chains, and emerging opportunities for private funding.
Xi's speech underscores China's effort to address long-standing challenges faced by private businesses, including overdue payments. This commitment is timely, as the global financial landscape continues to evolve, with the "do-it-for-me economy" and advancements in AI and digital progress reshaping how businesses operate and interact with consumers and corporate treasuries.
References:
[1] https://www.scmp.com/economy/china-economy/article/3321999/chinas-xi-jinping-calls-no-delay-private-sector-protection?utm_source=rss_feed
[2] https://www.citigroup.com/citiinstitute/exec-x.html
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