This doesn't seem in keeping with what he's actually been doing vis-a-vis China's "reds", which is mostly suppressing them. For example Bo Xilai, formerly mayor of Chongqing, is probably the most prominent neo-Maoist in China [1], and Xi Jinping had him arrested. There's more generally been a crackdown on leftists across China, especially those attempting to organize within trade unions, who are seen by the leadership as potentially dangerous. In addition to certain pro-western things being taboo in universities (like supporting multiparty democracy), so are certain leftist things (like criticizing the corporate-lackey nature of the official PRC trade unions, or highlighting dangerous working conditions in factories).
[1] Famous for the neo-leftist "Chongqing model" https://en.wikipedia.org/wiki/Chongqing_model