🚀 Tencent's CEO Pony Ma is pumped! He's heading up the tech giant's charge into China's new era of private sector growth, all thanks to some game-changing policies coming out of Beijing. 🎮📱
In a recent commentary for the People's Daily, Ma wrote about how China's latest moves are firing up businesses to push forward with confidence. \"The recent policies of China have demonstrated a strong commitment to driving sustained economic recovery,\" he said. And that's music to the ears of entrepreneurs everywhere! 🎉
So, what's the big deal? China is rolling out its first foundational law aimed specifically at boosting the private economy – the draft Private Economy Promotion Law. It's open for public consultation until November 8, and it's all about giving private enterprises the legal support they need to thrive. 📜🤝
Ma highlighted that this progress in legislation provides strong backing for companies like Tencent to operate more effectively. With coordinated macroeconomic policies, businesses can focus on what they do best: innovating and growing sustainably! 🌱
But Ma isn't the only one stoked about these developments. Liu Yonghao, chairman of New Hope Group, echoed those vibes in another People's Daily piece. He's all about ramping up tech innovation and boosting new, high-quality productive forces. 🐮🌾
\"In my field of food processing, we intelligently analyze various data to improve operations,\" Liu shared. \"We'll continue to increase investments in science and technology, applying intelligent, biological, and digital innovations to traditional manufacturing.\" Talk about bringing farming into the future! 🚜💡
Experts like Zhang Bin from the Chinese Academy of Social Sciences are also weighing in. Zhang pointed out that while China is facing challenges like insufficient demand, the right policies can turn things around. With effective implementation, the economy can bounce back stronger than ever. 💪📈
Back to Tencent – if you didn't know, they're the powerhouse behind WeChat, the messaging and payment app that's basically a staple on every Chinese person's smartphone. Plus, they're killing it in the gaming industry. 🎮📲
Ma emphasized the crucial role of the internet and digital technology in boosting the economy. \"In recent years, we have actively responded to the national strategy to expand domestic demand, exploring innovative approaches to digital consumption by creating diverse consumption scenarios, models, and formats,\" he said. \"Moving forward, we aim to increase investments aligned with policy directions, foster entrepreneurial spirit, and connect technological innovation with industrial upgrades.\" 🌐🚀
He remains super confident in the resilience of the private sector. \"With the leadership of the Party and government, and through collective effort and determination, we firmly believe private enterprises have a bright future and China's economy will continue to forge ahead with resilience and vigor,\" Ma said. ✨🇨🇳
Looks like exciting times ahead for China's private businesses! Keep an eye out as companies like Tencent lead the way into a tech-powered future. 🌟
Reference(s):
Tencent CEO says encouraged by growing govt support of private sector
cgtn.com
