Reform spurs growth of new firms, jobs
Print Edition
CHINA’S business system reform has boosted growth of new businesses and jobs, a senior official said yesterday.
Growth of new businesses rose from about 6,900 each day in 2013 to about 12,000 in 2015, with each new firm offering about seven job positions thanks to the business system reform, Zhang Mao, head of the State Administration for Industry and Commerce, said at a press conference.
About 74.8 percent of the new businesses were in the service sector in 2015, up 1.5 percent year on year, which has helped facilitate economic restructuring, according to Zhang.
Over 90 percent of new businesses are set up by individuals as more people become entrepreneurial due to government support, Zhang added.
China will keep cutting red tape to smoothen applying for company names or trade marks and will improve advertisement regulations, Zhang said.
Business system reform started in 2013 to cut administrative procedures and optimize market supervision.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
