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Zhejiang to foster private enterprises

By Ma Zhenhuan in Hangzhou | China Daily | Updated: 2018-11-21 07:23

East China's Zhejiang province, an economic powerhouse which is renowned for its thriving private sector, is aiming to ease the burden on all businesses in the province by 150 billion yuan ($21.6 billion) this year in a bid to ensure robust growth and add impetus to its private sector, pledged a top official.

"The private sector has been, and will always remain the main force of Zhejiang's economy, and the most distinctive feature and biggest advantage of Zhejiang," said Che Jun, secretary of the Zhejiang Provincial Committee of the Communist Party of China, in an interview with Xinhua News Agency.

He further elaborated that the province, the cradle of China's private sector, will further boost the sound development of its private economy to offer entrepreneurs with more senses of honor, pride and achievements.

Zhejiang to foster private enterprises

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