West Lake in the Zhejiang provincial capital of Hangzhou on 20 November 2017. Photo: Simon Song
China assigns officials to 100 companies in nation’s cradle of private enterprises in charm offensive to bolster confidence
- Alibaba, Dahua, Geely, Hikvision, Wahaha Group and dozens of the biggest private enterprises in Hangzhou will be assigned a government officer each
- The officials, who will not exert any control or be involved in corporate matters, will act as bridges between the local authority and the enterprises, in a move designed to make it easier to do business
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China economy
West Lake in the Zhejiang provincial capital of Hangzhou on 20 November 2017. Photo: Simon Song