Government News

Shanghai Daily News Digest

Startups on the rise as more go for daring option   2017-04-07

 

 

SHANGHAI residents are increasingly active in starting up businesses.

The government’s efforts to promote entrepreneurship and innovation with favorable policies have proved a success, according to a survey report released yesterday by the city’s employment promotion center.

Nearly 12 out of every 100 people aged between 16 and 64 started up their own business in 2016, a slightly higher figure than 2015.