Facing major financial losses from the COVID-19 outbreak, 12 specific policy measures to support the public and enterprises in the city of Jinhua were launched by the Zhejiang Jinhua Division of China Banking and Insurance Regulatory Commission on Tuesday.
Jinhua, East China's Zhejiang province, recently introduced 30 measures to support the stable and healthy development of market entities.
Wuyi, a mountainous county administered by Jinhua city, East China's Zhejiang province, saw the output value of its above-designated-size industrial companies rise 33 percent year-on-year to 70.28 billion yuan ($11.06 billion) in 2021.
Common prosperity's demonstration zone to inspire other regions nationwide
A guideline issued by Chinese authorities on Friday called for the implementation of a set of financial initiatives to build Zhejiang province, the nation's private economy hub, into a pilot zone for common prosperity.
The eastern province is a demonstration zone for policy support and innovative measures. Luo Wangshu reports.
China will carry out major reform measures to further stimulate growth and reduce pressure on its economic and social development, the country's top economic planner said Monday.
