Entrepreneurs flourish during crisis

More than 30 percent of people aged between 18 and 40 want to open their own business in the next three years, a survey found.

The survey of 4,600 people in Beijing conducted by the China Communist Youth League Beijing Committee found 23 percent believed now was the right time to act because of preferential polices.

Meanwhile, about 29 percent believed the biggest hurdle to business ownership was a shortage of money, and 30 percent believed bureaucracy in the banking system was their largest challenge.