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

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.
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