Lu Guanqiu, founder and chairman of Wanxiang Group, attends the summit of Zhejiang business leaders, in Hangzhou, East China's Zhejiang province, Sept 13, 2012.[Photo/VCG]

Lu Guanqiu, founder and chairman of Wanxiang Group

The guideline signals the central government's recognition of entrepreneurs in China, restores confidence of enterprises and gives a long-lasting boost to mass innovation and entrepreneurship.