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China to help graduates start businesses

China to help graduates start businesses

Write: Aleron [2011-05-20]
China to help graduates start businesses
The provincial education departments will work with other government departments to set up some programs which provide initiative investment to their business, it says.
The government also encourages non-governmental organizations to set up such programs. Domestic and foreign investors are welcomed to invest in businesses set up by young graduates, the document adds.
This summer China will see 6.3 million new college graduates, leaving great pressure on its employment market.
To diversify their employment options, the country has encouraged some young people to start their own businesses.
Colleges and education departments are required to provide training for those willing to be self-employed, especially about risk control.