Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.

Ma's appearance at the meeting signals Beijing's desire to inject confidence into the private sector. Read more at straitstimes.com.

Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s endorsement for a long-marginalized private sector now considered key to reviving the world’s No.

Chinese President Xi Jinping held a meeting Monday with top private business leaders including Alibaba co-founder Jack Ma, state media footage showed.

In a move that reverberated throughout the Chinese business world, President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, offering a strong indication of Beijing’s support for the long-marginalized private sector.

A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks.

Chinese President Xi Jinping met with Alibaba co-founder Jack Ma and other prominent entrepreneurs, signalling support for the private sector. The meeting may signify the end of regulatory restrictions for Chinese tech giants.