I hope Xi's policies for more Little Giants doesn't discriminate or put any disadvantage against other big corporations in China. China needs more Global Giants, like BYD, Huawei, etc. Chinese Global Giants that have global reach, able to innovate and put out forefront products, and are willing and able to work with other Chinese companies to tighten and improved Chinese supply chains.
Most of these Little Giants will not survive or be globally competitive if they don't have Global Giants to support them.
this little giants policy is for 14th five year plan(2021-2025) to secure the supply chain in critical high tech industries. it has nothing to do with big Giant high tech firms. but to help them to secure local supply chain. to solve bottleneck in core components..
China already have established high tech companies in each and every critical industry.
COMAC for civil aviation.
SMIC and Huahong is for semiconductor
AMEC/Naura/KingSemi for semiconductor equipment and tools. there are plenty more
SMEE for lithography
AVIC is for Military industrial complex
Liming/AECC/Xian is for Turbofan engines
KEDE/Jingdiao/Huagong/Qinchuan for high end machine tools
United imaging in High end MRI medical device.
Huawei for telecom equipment and 5G/6G
these are just few examples. i can literally name hundreds ..