Nation to boost entrepreneurship, innovation

China will upgrade its mass entrepreneurship and innovation campaign to strengthen employment, promote technological innovation and stimulate industrial growth, attendees at the State Council's executive meeting presided over by Premier Li Keqiang decided on Thursday.

Further steps will be taken to create a more enabling environment for entrepreneurship and innovation initiatives.

Efforts will be made in further streamlining administration and delegation of authority, making it easier to start new businesses. They also will help advance reforms to simplify the deregistration of defunct enterprises and formulate detailed policy incentives to encourage scientific researchers to start their own businesses. Also included will be improvement of policy support and services for migrant workers returning to their hometowns or ex-servicemen who wish to engage in entrepreneurial activities.