Li vows anew to ease market access
Premier Li Keqiang vowed on Wednesday to further lower the threshold to market access for business startups and innovative companies in a bid to create more jobs.
More than 15,000 companies are registered every day around the nation, but only 70 percent of them are actively operating, Li said while meeting with managers of high-tech companies at the Global Entrepreneurial Leaders Forum in Shenzhen, an industrial hub in Guangdong province.
The government will streamline administrative procedures and further open the market for enterprises, including foreign companies, he added.
Li said more than 9 million jobs were created in urban areas during the first nine months of the year, while more than 12 million graduates from colleges and vocational schools were expected to enter the job market this year.
The achievement can be attributed to entrepreneurship and innovation, he added.
Promoting entrepreneurship and innovation will offer college graduates opportunities for fair competition no matter where in the country they come from, Li said.
In May, the premier made a similar pledge on market access while meeting with foreign companies’ CEOs during the China Big Data Industry Summit in Guiyang, capital of Guizhou province.
The Shenzhen forum was part of the second National Mass Entrepreneurship and Innovation Week, which kicked off on Wednesday.