China's President Xi Jinping met top private sector entrepreneurs, including Alibaba's Jack Ma, signaling a policy change after strict regulations on the tech sector. This meeting aims to revive the economy and support private enterprises amid competition with the US.

The most notable face at the meeting was that of Jack Ma, once China’s most prominent tech entrepreneur who stayed out of public view for five years after he made a speech critical of local regulators

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