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Mass entrepreneurship, innovation promoted by Premier sees results

Updated: Oct 18,2016 12:45 PM

Premier Li Keqiang delivers a keynote speech at the opening of the Annual Meeting of the New Champions 2014, also known as Summer Davos forum, in Tianjin, North China, Sept 10, 2014. At the forum, the Premier first proposed the concept of mass entrepreneurship and innovation. [Photo/Xinhua]

Premier Li delivers the government work report during the opening meeting of the third session of China’s 12th National People’s Congress at the Great Hall of the People in Beijing on March 5, 2015. In the report, Premier Li proposed building the twin economic drivers of mass entrepreneurship and innovation and optimizing public products and services. [Photo/Xinhua]

Premier Li delivers a government work report at the opening meeting of the fourth session of the 12th National People’s Congress at the Great Hall of the People in Beijing, on March 5, 2016. In the report, the Premier called for exerting the multiplier effect of mass entrepreneurship and innovation and Internet Plus. [Photo/Xinhua]

An enterprise representative presents the new business license featuring “one license, one code” at an administrative service center in Nanchang city of East China’s Jiangxi province on Sept 21, 2015. From January 2014 to August 2016, the average number of daily registered enterprises rose from 10,000 to 15,000. The registration time for a new corporation was shortened to 14 days, from the pre-reform average of 26 days, and it will be further reduced to three days. [Photo/Xinhua]

A man introduces his products to a visitor at the maker space of an innovation zone in Lhasa, capital of Southwest China’s Tibet autonomous region, July 26, 2016. The first scientific and technological mass innovation zone in Tibet was launched on July 26 in Lhasa. By the end of 2015, over 2,300 maker spaces and more than 2,500 sci-tech business incubators were established across the country, and China witnessed over 120,000 entrepreneurship teams, creating 510,000 job opportunities. [Photo/Xinhua]

A staff member of the national tax bureau explains tax preferential policies to a taxpayer from a small enterprise in Cangzhou, East China’s Shandong province, on April 1, 2015. By the end of 2015, 350 billion yuan in taxes had been reduced for micro- and small-sized and innovation enterprises. [Photo/Xinhua]

Zhong Qiuli, a farmer from Muyang county, works at a greenhouse of succulent plants, in Suqian city of East China’s Jiangsu province, on Nov 30, 2015. By June 2016, over 4.5 million migrant workers returned to their hometowns and started their own businesses. [Photo/Xinhua]

Visitors have a look at a robot at a sci-tech innovation exhibition in Hohhot of North China’s Inner Mongolia autonomous region on July 29, 2016. In the first half of 2016 alone, over 164,000 invention patents were granted in China. [Photo/Xinhua]

An aerial view of Hangzhou city featuring a Bagua diagram. In the 2016 global innovation index ranking, China for the first time joined the world’s top 25 most innovative economies among 130 countries, and ranked first among upper-middle income economies. [Photo/Xinhua]