Home > News

Wuxi to establish entrepreneurship institute

Updated : 2016-02-03
(chinadaily.com.cn)

To aid mass entrepreneurship and innovation, the Wuxi branch of the Bank of Suzhou and the National Science Park of Jiangnan University will jointly set up the Suyin Entrepreneurship Institute, according to the deal both organizations made on Jan 29.

The institute will provide Wuxi enterprises, in particular those small and medium-sized, with services related to academic exchange and entrepreneurship competition, training and financial products, which will help improve Wuxi's entrepreneurial education system.

The Bank of Suzhou Wuxi branch has kept an eye on the demands of local small and medium-sized enterprises (SMEs). So far, it has built partnerships with more than a dozen of large-scale enterprises and signed cooperation intention agreements with more than 30 SMEs, with a total financial support of 4.31 billion yuan ($655 million).

As China eyes mass innovation and entrepreneurship as an emerging industry, promoting income distribution reform and social equity and providing young people with more opportunities, has become essential.

In 2015, the State Council released a series of policies on mass entrepreneurship and innovation, with local governments releasing more than 2,000 supporting policies.

At a State Council executive meeting, it was decided to set up a 60 billion yuan fund for the development of SMEs.

China's innovation-driven development corresponds to the world's new round of reform in technology and industry, which provides opportunities to China.

8.03K
Videos
 

International students experience city glamor

IoT expo displays latest technologies in Wuxi

In pics: Take comfort from clear blue sky

Exhibition marks PRC's 70th anniversary

News
Specials
Sports
Videos
Photos
Business
Policies
Industries
Development Zones
Enterprises
Biz Updates
Travel
Maps
Attractions
Dining
Accommodation
Specialties
Shopping
Entertainment
Transportation
Culture
Heritage
Museums
Events
In focus
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
About
Overview
Districts
Statistics
Government Officials
Sister Cities
E-books
Copyright © 2017 China Daily. All rights reserved.
Sponsored by Wuxi Municipal Party Committee Information Office.
Presented by China Daily.
备案号:苏ICP备14054684号-2