China’s leaders put spotlight on tech self-reliance, private sector confidence

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China’s leaders put spotlight on tech self-reliance, private sector confidence - SCMP

Quick Summary:

At gatherings including figures from tech, Premier Li Qiang urged the industry to serve as a source of economic growth.

Referring to the country reaching its 2024 gross domestic product growth target as a “hard-won” victory, Li said China continues to face challenges, especially from an increasingly fraught external environment.

Both focused on domestic development in their remarks, delivered the same day as the inauguration of Donald Trump as US President – though neither mentioned foreign affairs.