Our efforts in support of business startups and innova

ation have effectively boosted employment and stimulated innovation. Under the current situation, business s

tartups and innovation can make a special difference in sp

urring market vitality and supporting the employment of key groups of people,” Li said.

The Wednesday meeting decided on more steps to drive business startups and innovation.

The important role of business startups and innovation will be harness

ed to support employment, including creating more jobs that suit the needs of key gr

oups of people, such as college graduates and demobilized military personnel. The government will work to lo

wer institutional transaction costs, and draft and issue regulations on improving the business environment.

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