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As President Xi noted, the private sector should move toward a broader role in the Chinese economy. The real question is how that can be accomplished. Since the United States continues to engage in both protectionism and deglobalization, it is incumbent upon Chinese private firms to be nimble, competitive, diversified and better managed to meet the challenges.

As US output slows, experts say China trade gesture could ease virus impact

As always, thanks to everyone for reading, commenting and coming out to our events. Speaking of events, make sure to mark your calendar for Monday, July 25th for Startup BBQ at Gasworks Park. See everyone there. Have a happy and safe Fourth of July.

As cofounder and director of the Hamlyn Centre for Robotic Surgery, Yang has created a unique, global center of excellence focused on developing safe, effective, and accessible imaging, sensing and robotics technologies with the potential to reshape the future of healthcare for both developing and developed countries. "I'm delighted to take the leadership in the UK and also have the link in China," Yang said. He works at Imperial College in London.

As heavy snow blanketed the scenic area before the opening, Jiuzhaigou became a wonderland for many who find snow a rarity.