Wenzhou cheers govt efforts to rejuvenate non-public sector

Private entrepreneurs from Wenzhou have welcomed President Xi Jinping's call to provide more support to private enterprises.

Wenzhou has always been considered the cradle for private entrepreneurship in China. According to local government data, private enterprises account for more than 80 percent of the city's gross domestic product, and over 99 percent of the businesses in the city are privately run enterprises.

In response to Xi's speech, the Wenzhou city government has released a series of policies to support the private sector, including 80 concrete measures on Nov 9. In addition, it has released several measures earlier aimed at maintaining the vitality of the private sector.