BEIJING, Dec. 4 (Xinhua) -- East China's Zhejiang province recently unveiled specific plans to further support private enterprise development, according to the press conference on private economy development recently held in Zhejiang.
The province plans to allocate governmental funds totaling some 100 billion yuan to support private enterprise development over three years, according to the plan.
The special fund would be used for traditional industry transformation, major technological research and development, industry innovation platform construction, corporate financing environment optimization as well as supporting enterprises to explore overseas market and facilitating the development of small and micro enterprises. (Edited by Jiang Feifan, Niu Huizhe)
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