Four places in Jinhua have been selected as pilot counties for the province's fiscal incentives targeting the digital transformation of small and medium-sized enterprises.
A cargo train carrying 100 containers of daily necessities, clothing, toys, and other goods departed from the Yiwu West Railway Station on Dec 11.
Jinhua in Zhejiang province released an action plan aimed at strengthening its private economy on Nov 2, according to local media reports.
The earnest communication provides a glimpse into authorities' efforts to offer precise policy support to enterprises.
China issued a guideline on Wednesday for promoting the development of the private sector, signaling the latest push for supporting and reinvigorating a key sector in order to revive economic recovery amid downward pressures.
The platform economy is economic and social activity facilitated by platforms which are typically online matchmakers or technology frameworks.
Several central government departments have presided over at least six meetings with more than 67 private enterprises from home and abroad to address the companies' concerns.
The RCEP enters into force for the Phillippines on June 2, 2023.
