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Private Economy
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Taizhou is the exemplary area of China for the innovation in the field of private economy, which is the most vigorous part and shows the outstanding feature of Taizhou economy. The city has three urban commercial banks such as Taizhou Bank, Tailong Commercial Bank and Mintai Commercial Bank. The phenomenon in Taizhou is called “Taizhou Mode of Financing for Small Enterprises” by experts in financial field.

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