Entrepreneurship, innovation focus of meeting
Print Edition
CHINA will establish a joint ministerial conference to integrate policies that promote mass entrepreneurship and innovation.
The meeting, to be led by the National Development and Reform Commission, will bring together more than 20 ministerial-level agencies, according to a statement published on the central government website yesterday.
The conference will coordinate government measures, resolve major problems, strengthen guidance and supervision, and improve communication among local governments, ministries and enterprises.
Two plenary sessions will be held a year at the NDRC.
Confronted with economic headwinds, China is counting on entrepreneurship and innovation to generate new jobs and improve the skill set of its citizens and hopefully warm up the slowing economy.
China’s economic growth slowed to 7 percent in the first half of 2015 from 7.4 percent a year ago.
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