Govt to help grads start businesses
By Xu Wei | China Daily | Updated: 2014-05-14 07:02
The central government released a string of measures on Tuesday supporting student entrepreneurs and startup businesses as the country's college graduates face another tough year in the job market.
As part of a plan to support startup businesses from 2014 to 2017, the State Council issued a notice requiring colleges to open courses that prepare their graduates to start businesses. Financial institutions should also provide banking services that fit the graduates' needs.
The country will see a total of 7.27 million college graduates this year, a majority of whom are expected to enter the job market in June. The number will be 280,000 more than last year, which was considered the hardest year to find a job since the global economic downturn.
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