New platforms to help the economy

A low-cost, all-around and specialized service to promote entrepreneurship and innovation - the new driving forces for the economy has been pledged by the government, according to a government statement released on Thursday.

The initiative was announced during a State Council executive meeting presided over by Premier Li Keqiang on Wednesday.

The statement said the government will encourage idle factories and warehouses to be transformed into bases for entrepreneurship and innovation, with government subsidies for rent, utilities and Internet access.