President Xi Jinping has shifted focus towards private sector giants such as BYD, Huawei, and Alibaba to boost China’s technological self-reliance amidst the ongoing technology war with the U.S. This move highlights a significant change in the Chinese leadership’s perception of the private sector’s role in economic growth. President Xi Jinping has shifted focus towards private sector giants such as BYD, Huawei, and Alibaba to boost China’s technological self-reliance amidst the ongoing technology war with the U.S. This move highlights a significant change in the Chinese leadership’s perception of the private sector’s role in economic growth. Economic Times