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Huawei's Ren and Xi Jinping discuss advancements in China's tech industry

Huawei's founder, Ren Zhengfei, assured President Xi Jinping that concerns over China's reliance on foreign-developed chips and operating systems have diminished, citing advancements in technology. During a meeting with key entrepreneurs, including BYD's Wang Chuanfu and Xiaomi's Lei Jun, discussions highlighted significant growth in sectors like electric vehicles and electronics, emphasizing China's push for technological independence despite challenges such as US sanctions.

Huawei founder reassures Xi on easing chip supply concerns in China

Huawei founder Ren Zhengfei informed President Xi Jinping that China's concerns over a shortage of domestic chips and operating systems have eased. During a controlled meeting with private sector entrepreneurs, Ren expressed confidence in China's technological rise, referencing historical challenges related to semiconductors and software. Other industry leaders, including BYD's Wang Chuanfu and Xiaomi's Lei Jun, also shared insights on their sectors' progress and resilience under Xi's leadership.
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