3 Taizhou cases listed as provincial models in common prosperity

chinadaily.com.cn | Updated: 2022-05-31

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A view of Taotou village in Sanmen county, Taizhou, East China's Zhejiang province. [Photo/WeChat account: tzfb001]

Three Taizhou cases were recently listed among the best practices in promoting the "common prosperity" campaign launched by East China's Zhejiang province.

One of the three cases from Taizhou is related to the reform of financial services. The city has in recent years ramped up financial support for small and micro businesses, individual businesses and low-income residents, as part of efforts to bolster common prosperity.

This year, the local government aims to increase the number of companies and individuals who apply for loans for the first time in the city by 10,000, as well as allocate an extra loan worth 80 billion yuan ($12.3 billion) to small and micro businesses.

The city's efforts to cultivate or introduce skilled workers have also been hailed as a model for others in the province to emulate.

Taizhou, a national manufacturing hub, is currently home to about 1.24 million skilled workers, including 420,000 high-profile skilled ones, accounting for 18.7 percent and 6.3 percent of the city's total population respectively, official statistics show.

The city's attractiveness to these talents is primarily due to the string of policies unveiled by authorities to increase the incomes of skilled workers.

The approach adopted by Taotou village in Taizhou's Sanmen county to reform the income distribution system made the list as well.

Located on an island, Taotou village has a population of about 2,000 people, of which 185 are She people, making it one of the largest inhabitants for ethnic minorities in Taizhou.