Huang Jiadi, chairman of Royal Group, is interviewed by people.cn. [Photo/gx.people.cn]

Huang Jiadi, chairman of Royal Group, called for more support for private enterprises during his interview with people.cn.

"Private enterprises are the foundation of a stable economy, and a key driver of high-quality development," Huang said quoting Chen Wu, chairman of Guangxi Zhuang autonomous region.

Chen pledges to make Guangxi a fertile ground for private economic development when delivering the government work report this year. This is thrilling news for private entrepreneurs, said Huang.

In Huang's two proposals, he suggested that Guangxi should optimize its business environment and offer more supportive policies to local private enterprises, especially in financing.

The government is expected to set up a coordinated system between private enterprises and financial institutions that would give enterprises easier access to financing and loans.