Published by ChinaMNC · Haidian
Xi Sends Letter to 2026 Global Governance Forum (Xiong'an): What Foreign Founders Should Note
A ChinaMNC brief for foreign founders on Xi Jinping's letter to the 2026 Global Governance Forum (Xiong'an), held in Hebei's Xiong'an New Area, and why its themes of confidence and cooperation matter for companies operating in China.
Xi Jinping Sends Letter to 2026 Global Governance Forum in Xiong'an
On October 23, President Xi Jinping sent a letter to the 2026 Global Governance Forum (Xiong'an). The forum opened the same day in Xiong'an New Area, Hebei Province, under the theme "Rebuilding Confidence and Cooperation: Once-in-a-Century Changes and Reforming and Improving Global Governance." It was hosted by the Chinese People's Institute of Foreign Affairs.
For foreign founders building or running a company in China, high-level statements like this are worth tracking. They signal the policy vocabulary Chinese officials, regulators and local governments are likely to use in the months ahead — especially around openness, cooperation and cross-border business. Below is a plain-English reading of the source material, with practical context for foreign-invested enterprises.
What the Letter Said
According to the published text, Xi noted that the world's once-in-a-century changes are accelerating and that the peace deficit, development deficit, security deficit and governance deficit are all growing rather than shrinking. He stated that he had put forward the Global Governance Initiative, aimed at promoting a more just and reasonable global governance system and building a better world.
Xi said China is willing to work with all parties to practice a global governance approach based on extensive consultation, joint contribution and shared benefits — pooling strength through confidence and solving difficult problems through cooperation. The goal, he said, is to advance implementation of the Global Governance Initiative, inject more certainty and positive energy into a world of turbulence and disorder, and move together toward a community with a shared future for mankind.
Key Elements at a Glance
- Event: 2026 Global Governance Forum (Xiong'an)
- Format: A letter from President Xi Jinping to the forum
- Date of letter: October 23 (reported October 24, 2026)
- Opening: The forum opened the same day in Xiong'an New Area, Hebei Province
- Theme: "Rebuilding Confidence and Cooperation: Once-in-a-Century Changes and Reforming and Improving Global Governance"
- Host: Chinese People's Institute of Foreign Affairs
- Source: Xinhua News Agency, via the Beijing municipal government website
Why This Matters for Foreign Founders
The source text is a short official readout, so it should not be over-read. It contains no new regulations, no tax measures and no investor-specific rules. What it does offer is a clear statement of the framing China's leadership uses when discussing global governance: consultation, joint contribution, shared benefits, confidence and cooperation.
In practice, that framing tends to appear in how Chinese authorities talk about foreign investment, international trade and cross-border collaboration. Founders who understand the vocabulary can better anticipate the direction of policy communication — for example, when local officials describe a foreign-invested project as part of "opening up" or "cooperation."
Practical Takeaways for Your China Operations
- Watch the language, not just the rules. Official statements set the tone for how regulators and local governments describe priorities. Being familiar with terms like "shared benefits" helps you read local announcements and negotiate with counterparts.
- Xiong'an is worth noting. The forum was held in Xiong'an New Area, a location Chinese authorities have been developing as a major new area. For founders evaluating where to establish entities or pilot projects, it is a name to keep on the radar, even though this article makes no specific commitments about incentives there.
- Confidence and cooperation are the themes. If your business depends on cross-border partnerships, joint ventures or international supply chains, expect Chinese counterparts to frame collaboration in these terms.
- No direct compliance changes. Nothing in the source alters registration procedures, capital requirements, tax obligations or licensing for foreign-invested enterprises. Continue to rely on the actual regulations and your advisers.
How to Use This Information
Treat the letter as background context rather than an operational document. The most useful step for a foreign founder is to separate signal from substance: the signal is that China's leadership continues to emphasize international cooperation and a stable, predictable environment for cross-border activity; the substance for your company still comes from the specific laws, local rules and procedures that govern registration and operations.
If you are planning to register a company in China, the practical checklist remains unchanged: confirm your business scope, choose the right entity type, prepare incorporation documents, and understand ongoing compliance obligations. Statements from forums like this one can inform your market narrative and your conversations with local partners, but they do not replace due diligence.
Questions Worth Asking Your Advisers
- Does the current policy environment in my sector align with the cooperation themes described in official statements?
- Are there local government communications in my target city that reference openness or foreign investment?
- Do my partnership agreements reflect the compliance requirements that apply to foreign-invested enterprises?
Bottom Line
The 2026 Global Governance Forum (Xiong'an) and Xi Jinping's letter are primarily diplomatic and policy-signaling events. For foreign founders, the value lies in understanding how China's leadership frames global engagement — through confidence, cooperation and a shared-benefits approach — and in using that context when navigating registration, partnerships and local government relations. The source provides no new operational rules, so continue to base decisions on the applicable regulations and professional advice.
This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.
Foreign founders who want hands-on help registering and operating a company in China can contact ChinaMNC on WhatsApp or WeChat at +86 153 1898 8535.