Keep power away from capital

A training school for so-called second-generation entrepreneurs was opened recently in Wenzhou, Zhejiang province, with the local government paying a large part of the students' fees. This is not right, because in market economy power should be kept away from capital, says an article in China Youth Daily. Excerpts:

A special training school was inaugurated in Wenzhou recently. Many of its students are offspring or potential successors of entrepreneurs. But surprisingly, the local government will pay a large part of the fees for these rich students, for "it is highly likely that the students would decide the economy of Wenzhou in the future".

No doubt, private enterprises have played a big role in propelling the country's economy during the last 30 years. In Wenzhou, they account for about half of the tax revenue and employ almost 80 percent of the workers. There is no denying their importance.