Sichuan to lend a helping hand to private enterprises

Sichuan province has come out with 20 new policies to support the development of the private economy, said a top provincial official.

Peng Qinghua, secretary of the Sichuan provincial committee of the Communist Party of China, said in an interview with Xinhua News Agency that the policies include reducing private enterprises' energy cost and making it easier for them to raise funds from banks.

Sichuan is one of China's largest provinces in terms of technical available hydropower resources, which account for 22 percent of the country's total. Thanks to the ample hydropower resources which generate electricity, Sichuan is also rich in clean energy.