back to article Xi Jinping himself weighs in on how Big Tech should deploy FinTech

China's government has outlined its vision for digital services, expected behavior standards at China's big tech companies, and how China will put data to work everywhere – with president Xi Jinping putting his imprimatur to some of the policies. Xi's remarks were made in his role as director of China’s Central Comprehensively …

  1. Anonymous Coward
    Anonymous Coward

    He went on to say "we need to leverage our synergies, proactively to a new paradigm, achieving a course shift, on our customers journey, going forward".

    Wise words indeed. He should be promoted to regional executive sub-manager assistant for sales, immediately!

    1. JamesTGrant

      Or ‘VP of something or another’ as our American colleagues would have it.

      I’ve a theory that everyone knows that ‘leveraging synergies’ is a phrase that you only say to tell people that you’ve transcended into the nonsense tier of the business world and you’re no longer one of the useful members of your community or actually involved in any process that creates anything the business does that makes money. A ‘screw you little people’ and a ‘I’m in the big boy club’ statement - a ‘flex’ as the kids probably don’t say any longer.

      I would almost rather that, than anybody thinking that it’s a useful thing to say or write.

      1. HildyJ Silver badge
        Facepalm

        VP? He's definitely CEO material. It sounds exactly like something Broadcom would (and probably has) said about VMWare.

  2. Anonymous Coward
    Anonymous Coward

    ... and we should improve the system for protecting the rights and interests of data ...

    You can't delete me. I have rights!

  3. Pascal Monett Silver badge
    Coat

    Combat monopoly

    That's a bit rich coming from someone who absolute monopoly on power in his country.

    1. Brewster's Angle Grinder Silver badge
      Joke

      Re: Combat monopoly

      And he doesn't want anybody else taking away that monopoly...

  4. jake Silver badge

    As the rest of the world ::yawns:: in his general direction.

    "Oh, bother." said Pooh.

  5. VoiceOfTruth

    China paints the bans as unfair economic warfare – as it would

    -> China paints the bans as unfair economic warfare – as it would

    As it is.

    1. Snowy Silver badge
      Facepalm

      Re: China paints the bans as unfair economic warfare – as it would

      Does make me think is the Made in China 2025 policy also unfair?

      MIC 2025 is an initiative which strives to secure China's position a global powerhouse in high-tech industries. The aim is to reduce China's reliance on foreign technology imports and invest heavily in its own innovations in order to create Chinese companies that can compete both domestically and globally.

      https://nhglobalpartners.com/made-in-china-2025/

  6. amanfromMars 1 Silver badge

    The Inevitable Goal of Multi-Facetted Pursuits for Singularly Progressive Attractive ACTive Results

    Yes, dear reader,The Register has spotted the irony of an ideologically driven one-party state wanting its decision-making processes to be more scientific

    Ironic maybe, but certainly, whenever done to an improving perfection and overwhelmingly great satisfaction, earth-shatteringly revolutionary and ground-breakingly pioneering.

    Bravo, China ..... that's Quantum Leaping taking over Leading Duties for and/or from Long Marchers ...... and something the Wild Wacky West in its present stagnant and bankrupt state of existence has every right to be terrified of being comprehensively disadvantaged by ....... https://www.nationaldefensemagazine.org/articles/2022/6/21/us-must-preserve-its-quantum-advantage ..... and be thoroughly deserving of their following of foreign and alien leads/reads for the crumbs that are allowed to fall from top tables that feed their exhaustive lists of both long term and near future needs.

    1. amanfromMars 1 Silver badge

      IT aint Rocket Science/Brain Surgery Difficult .......

      And .... the West's insistence on more of the same old stuff and nonsense that has delivered to them from the past that which they need fantastic plastic fiat capitalism to presently provide for them all of their future feeds/seeds, [and which in essence is a tacit admission that their intelligence grandees have no alternative, more progressive option to exercise and globally share as an more effective and most attractive novel model for SCADA Command and Control Administration Systems], is that which both practically and virtually guarantees their rapid change of global position from leading constructive light to ailing faltering candle caught in the eye of a perfect storm.

      And something which one can easily disagree with and downvote but not anything you can do anything about to prevent its inexorable stealthy progress.

      Having said all of that though, it is very easily and immediately changed for the better with the simplest of tweaks to any current global intelligence deficits ...... avail yourself of novel superior ennobling and enabling source.

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