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Li vows to lower hurdles for businesses

By Zhao Yinan in Jinan and Li Xiaokun in Beijing | China Daily | Updated: 2014-07-26 09:24

Li vows to lower hurdles for businesses

Premier calls for banks to simplify lending process for first-time entrepreneurs

Premier Li Keqiang pledged more financial support for new businesses to encourage entrepreneurship amid the continuing downward pressure on the Chinese economy.

"The government and State-owned banks must conduct in-depth research, change their work styles and mindset to find ways to make it easier for new businesses, which are largely small businesses, to get loans," Li said on Friday.

Li vows to lower hurdles for businesses

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