China’s top technology hub Hangzhou plans to assign government officials to work with 100 private companies including e-commerce giant Alibaba, according to state media reports, in a move likely to raise concerns over the growing role of the state. The step underscores how Chinese government and party authorities are growing more deeply integrated into the private sector, as its economy sputters amid an intensifying trade war with the United States. The city of Hangzhou, home to Alibaba Group Holding Ltd , will designate government officials to work with 100 local companies in the eastern province of Zhejiang, the local government said on its website.

source https://finance.yahoo.com/news/china-send-state-officials-100-062208700.html?.tsrc=rss