In February 2025, during his attendance at a private enterprise symposium, Xi Jinping emphasized: “Enterprises are the main business entities, and the internal driving force for enterprise development is foremost.”
“To develop the enterprise well is the biggest job stabilizer,” said the Chairman and President of Midea Group.
In recent years, the Chinese economy has withstood pressure and maintained steady growth. Many private enterprises have taken active roles in stabilizing employment through good business operations and development.
Valuing Talent: Attracting and Retaining
“Talent is Midea’s number one resource, a concept we have always adhered to. Midea has more than 400 subsidiaries globally, 38 research and development centers, and 44 major manufacturing bases, with business across more than 200 countries and regions, all supported by strong human resources,” said the Chairman and President of Midea Group. “Currently, Midea has nearly 200,000 employees, plus 8,000 core suppliers domestically, promoting employment for over a million people.”
According to him, “Valuing talent means finding ways to retain them. If employees are not comfortable,
