China is to place government officials inside 100 private companies, including Alibaba

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Chinese government officials are to be sent to work inside 100 private companies working in the tech hub of Hangzhou, according to local state media.

State media reported over the weekend that the Hangzhou Municipal Government would transfer 100 representatives to "key enterprises such as Alibaba, Geely Holdings and Wahaha."The directive, which media said was part of the Hangzhou government's "New Manufacturing Plan," is reportedly an attempt to boost manufacturing and bolster the local economy in the eastern province of Zhejiang.

"We understand this initiative... aims to foster a better business environment in support of Hangzhou-based enterprises," the company said in a statement Monday. "The government representative will function as a bridge to the private sector and will not interfere with the company's operations."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Communist China showing its true colours, you cannot trust communist China.

wtf

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker