Li vows anew to ease mar­ket ac­cess

China Daily (USA) - - TOP NEWS - By HU YONGQI in Shen­zhen huy­ongqi@chi­

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.

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