Latest News:  
Beijing   Sunny/Cloudy    16 / 5   City Forecast

Home>>China Politics

Chinese Vice President applauds Zhejiang entrepreneurial spirit


08:25, October 26, 2011

HANGZHOU, Oct. 25 (Xinhua) -- Vice President Xi Jinping on Tuesday applauded the entrepreneurial spirit of private businesses in Zhejiang province and encouraged them to make more contributions to the country.

Private businesses in Zhejiang have boosted the province's economy and made significant contributions to balancing regional economic development and economic openness, Xi said.

He made the remarks in a letter congratulating the opening of the first global Zhejiang entrepreneurs' convention, which was held on Tuesday in the province's capital of Hangzhou.

China has entered a crucial stage for economic restructuring, which presents new development room for Zhejiang's private businesses, Xi said.

He encouraged entrepreneurs to make full use of domestic and overseas markets and resources. He also asked them to stick to a rational investment strategy while developing healthy investment mechanisms.

Vice Premier Zhang Dejiang also sent a congratulatory note, saying that all of Zhejiang's entrepreneurs should step up communication and insist on innovation in order to make greater contributions to the country's economy.

Private enterprises are a critical part of Zhejiang's economy, accounting for about 70 percent of its gross domestic product (GDP) and employing 90 percent of its workforce.


Leave your comment0 comments

  1. Name


Selections for you

  1. Qinghai Provincial Science and Technology Museum opens

  2. Uygur culture -- snapshots of life in Xinjiang

  3. Boeing 737-900ER demonstrated in Beijing

  4. Heavy snowfall hits NE China's Heilongjiang

Most Popular


  1. Sharing China's poverty alleviation experience
  2. Does China's space program threaten US?
  3. US cannot export its crisis
  4. Arab Spring: Turbulence or Revolution?
  5. Five highlights expected at EU Summit
  6. Online business order remains in infancy
  7. Why Chinese students enjoy playing truant?
  8. China's GDP: Quality vs. quantity?
  9. What does Clinton's 'Pacific Century' mean?
  10. Chinese should see warning in Western demos

What's happening in China

Home prices decline in suburbs

  1. China's bank watchdog to promote small business
  2. Teacher fired for punishing boy with a saw
  3. Shanghai sees six-year low in housing sales
  4. China's police begin to arrest "runaway bosses"
  5. China creates 9.94 million new jobs

PD Online Data

  1. Spring Festival Customs
  2. New Year´s First Meal
  3. Firework and Firecracker
  4. Chinese Character "Fu"
  5. Spring couplets