African scholars spoke highly of the GDI.
Though recent outbreaks of COVID-19 have been pressuring small and medium-sized enterprises, China's economic fundamentals remain unchanged and more efforts will be made to bolster SMEs' ability to cope with short-term difficulties, an official said on Wednesday.
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.
