Sowing the seeds of market innovation

The government has unveiled new measures to encourage people to start their own business in its latest effort to boost employment through entrepreneurship.

The government will introduce preferential tax policies, social security subsidies and easier business registration procedures this year, the State Council said in a statement after its meeting on April 21.

This was the Chinese cabinet's 13th executive meeting this year. Almost all of them have taken job creation as a key topic as economic growth plateaus in the world's second-largest economy.