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Awareness campaigns vital to startup boom

By Siva Sankar | China Daily | Updated: 2016-03-08 08:07

China's current emphasis on entrepreneurship, innovation, automation, technology upgrading, think tanks and foreign talent suggests the share of services in China's GDP will likely grow progressively in coming years.

If China's GDP grows by 7 percent this year, which is the upper end of the government's target range, GDP would reach 72.4 trillion yuan ($11.1 trillion). Services could well contribute around 52 percent of it or about 37.5 trillion yuan.

That figure is presumed but probable - something China's enterprises, entrepreneurs, investors and aspiring business startup founders can ill-afford to ignore.

Awareness campaigns vital to startup boom

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