WASHINGTON ( TheStreet) -- President Obama plans to hold a one-day summit of corporate leaders Wednesday, according to a published media report.

The summit is part of White House efforts to build support among business leaders for the president's economic policies, according to the report, published Saturday on The Wall Street Journal's Web site.

Invitees include the chief executives of Google ( GOOG), Cisco Systems ( CSCO), Facebook, International Business Machines ( IBM), American Express ( AXP), Dow Chemical ( DOW) and Pepsico ( PEP), the report said.

Among the meeting's topics will be trade, taxes, regulation and the deficit, according to the report.

In addition, the White House wants to convince companies to inject some of the cash and other liquid assets they're holding in their treasuries into the economy, the report added.

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This article was written by a staff member of TheStreet.