The meeting sends a "very clear signal of top-level support" to the private sector entrepreneurs, Peiqian Liu, Asia economist at Fidelity International told CNBC.

President Xi Jinping met some of China’s most prominent tycoons, sending what analysts say is the strongest signal of support in years to companies like web giants Alibaba and Tencent.

China's President Xi Jinping has attended a symposium on private enterprises, official news agency Xinhua said on Monday, a rare move that comes as Beijing grapples with a slowing economy and growing tensions with the United States.