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State Council to further consolidate mass entrepreneurship, innovation

Updated: Dec 24,2020 05:00 PM    english.www.gov.cn

The State Council issued a notice on Dec 24, deciding to launch the third batch of 92 demonstration bases of mass entrepreneurship and innovation.

With the focus on stable employment, the project is aimed at bringing out the vitality of market entities into full play. It will act as efficient support for scientific personnel, university graduates, returning migrant workers, veterans, the unemployed and other social groups to get engaged in mass entrepreneurship and innovation.

The project also will help ensure the security of industry and supply chains and speed up deep fusion of technologies and economy, and collaboration on the layout of innovation and industry lines.

Innovative micro, small and medium-sized enterprises will be supported to become the major base of innovation, with a professional service system in place throughout the industrial chain.

The notice also stressed deeper and open innovative cooperation and asked the new bases to build international platforms, further participate in global cooperation and cultivate international brands.

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