• Thursday, October 24, 2019

More support for graduates to start businesses

Discussion in 'China & Far East' started by TaiShang, Jun 6, 2015.

  1. TaiShang

    TaiShang ELITE MEMBER

    Messages:
    26,206
    Joined:
    Apr 30, 2014
    Ratings:
    +72 / 93,180 / -2
    Country:
    China
    Location:
    Taiwan, Province Of China
    More support for graduates to start businesses
    June 5, 2015
    Vice Minister of Science and Technology Cao Jianlin on Friday pledged more financial support from the government to help graduates start their own business.

    Citing various provincial-level policies, Cao told a press conference that Guangdong Province, south China, will allocate 2.5 billion yuan (408 million U.S. dollars) in allowances over the next four years for startups of this nature, while Zhejiang Province, east China, had assigned 100 million yuan to the initiative this year.

    Many policies have been designed with college graduates in mind, he said.

    Cao suggested that young entrepreneurs seek help from business incubators, which offer financial support and operational support, such as reduced rent.

    Currently, China has 1,700 business incubators. Also, 129 state-level high-tech industrial parks have institutions that can support startups.

    This year the number of college graduates will be 7.49 million, more than ever before, and a sizable challenge for the employment market.

    About 80,000 small technology firms in China now employ 1.75 million people. This year they may only have 150,000 positions for graduates, according to Cao.

    "We always think that the youth are good at school but not in business. We should nurture entrepreneurialism and business skills while they are in school," Cao said, calling on the education department to take more action.

    **
    @Beidou2020 , promising development. China has fast becoming the start-ups' heaven.
     
  2. AndrewJin

    AndrewJin ELITE MEMBER

    Messages:
    15,061
    Joined:
    Feb 23, 2015
    Ratings:
    +32 / 50,437 / -10
    Country:
    China
    Location:
    China
  3. TaiShang

    TaiShang ELITE MEMBER

    Messages:
    26,206
    Joined:
    Apr 30, 2014
    Ratings:
    +72 / 93,180 / -2
    Country:
    China
    Location:
    Taiwan, Province Of China
    Hopefully, bro. :D One step at a time :tup:

    ***

    Cashier-free grocery stores tested in two Chinese cities
    2015-06-07

    HANGZHOU, June 7 (Xinhua) -- Two grocery stores with unmanned checkouts completed a one-day trial in Beijing and the eastern city of Hangzhou on Saturday, testing the integrity of customers.

    A QR code and guidance were placed in a cashier-free outlet belonging to the Vanguard supermarket chain downtown Hangzhou.

    Customers assume the job of the cashier by scanning bar codes themselves. They were able to pay via mobile phone or put cash in an honesty box.

    "It's very convenient. I think most people will accept this new way of purchase," a customer said.

    The grocery store sold products worth 16,700 yuan (about 2,700 U.S. dollars) on Saturday but only received payment of 13,700 yuan from customers.

    In Beijing's outlet under ampm, a convenience store chain, staff said some customers stole products or paid less. Currently, there are cashier-free stores in other parts of China including northeastern province of Jilin and eastern province of Shandong.

    "Cashier-free supermarkets which reduce queuing time are developing fast abroad,," said Chen Liucheng, an Vanguard executive.

    With an improved of credit system, he expects more cashier-free grocery stores to open in China.

    The trial was jointly run by the two store chains and Sesame Credit, credit scoring service introduced by a financial affiliate of e-commerce giant Alibaba.
     
    Last edited: Jun 8, 2015
  4. Huan

    Huan FULL MEMBER

    Messages:
    1,474
    Joined:
    Mar 20, 2011
    Ratings:
    +0 / 1,307 / -0
    Country:
    United States
    Location:
    United States
    Can you start an Anime studio business in China? Please please.
     
  5. TaiShang

    TaiShang ELITE MEMBER

    Messages:
    26,206
    Joined:
    Apr 30, 2014
    Ratings:
    +72 / 93,180 / -2
    Country:
    China
    Location:
    Taiwan, Province Of China
    @AndrewJin
     
  6. AndrewJin

    AndrewJin ELITE MEMBER

    Messages:
    15,061
    Joined:
    Feb 23, 2015
    Ratings:
    +32 / 50,437 / -10
    Country:
    China
    Location:
    China
    There are hundreds of anime studios in China now, most are small one but in fierce competition.
    If u understand Chinese, there is a documentary,
    Do business with the world(episode6)