Premier Li congratulates business incubation summit

CHENGDU -- Chinese Premier Li Keqiang has sent a congratulatory letter to the Global Business Incubation Summit, which opened in Chengdu, Sichuan Province, on Thursday.

Saying business incubation is an important way to foster technological enterprises, accelerate transformation of scientific and technological achievements and advance innovation, the premier pledged to implement new development concepts, deepen the innovation-driven development strategy, create better environment for business incubation and nurture stronger new engines for economic development.

He also expressed willingness to cooperate with countries worldwide to inject new vitality into the world economy.

According to the premier, business incubation in China has helped over 400,000 start-up businesses and created jobs for more than two million people over the last 30 years.