Employees work on a production line of NEV maker BYD in Xi'an, Shaanxi province. [YUAN JINGZHI/FOR CHINA DAILY]

　　China's continued support for the private sector, reiterated by President Xi Jinping, is expected to fuel further growth of tech and emerging industries, while promoting private enterprises to embrace another spring and play a bigger role in the country's economic transformation, company executives and economists said on Tuesday.

　　Their comments came after Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, attended a symposium on private enterprises in Beijing and delivered an important speech on Monday.

　　In his speech, Xi emphasized the role of private enterprises in advancing China's broader goals in technological innovation, promoting rural vitalization and improving people's well-being.

　　Xu Guanju, chairman of Transfar Group, a leading chemicals manufacturer, said in an interview with China Daily on Tuesday that while the breakthroughs made by Chinese artificial intelligence companies made them immensely proud and boosted their confidence in facing future challenges, the encouragement from China's top leadership was even more inspiring.

　　“It has greatly motivated us to work together to accelerate the development of new quality productive forces in the future, and embrace the AI era,“ said Xu, who attended the symposium on Monday.

　　The gathering saw a strong presence of companies from technology and emerging sectors, with notable names including Huawei's Ren Zhengfei, BYD's Wang Chuanfu, Will Semiconductor's Yu Renrong, Unitree Robotics' Wang Xingxing and Xiaomi's Lei Jun.