ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Rising star of China's Communist Party bets on private enterprise

Chongqing chief Chen Min'er courts internet giants to spur growth

Chongqing Communist Party Secretary Chen Min'er has encouraged companies like Alibaba and Tencent to set up local bases. (Photo by Akira Kodaka)

CHONGQING -- Chen Min'er, one of Chinese President Xi Jinping's closest aides and the Communist Party chief of Chongqing, is calling in reinforcements to shore up the slumping local economy. The recruits: Private companies, including the country's internet giants.

Chen, who was named municipal party chief a year ago, is the first Chongqing leader to call for developing private enterprise since Wang Yang, who served as party secretary there from December 2005 to November 2007. The success of this approach has major implications for Chen's career prospects.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more