China Focuses on Entrepreneurs to Develop Domestic Consumption

According to an article from the Economic Times (article link) China has supported the development of approximately six million start-ups between March and August of this year.  Incentivized by cutting taxes/fees and lending, start-ups have focused in areas of e-commerce this falls in line with China’s hopes of shifting away from an export dependent economy as growth slows.  Further reading on this topic can be found via links within the article.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s