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