Political advisor calls for more support for young entrepreneurs

Updated: 2012-03-14 09:13


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BEIJING - The government should roll out more supporting policies to encourage would-be entrepreneurs and boost the country's "grassroots economy," a political advisor said.

Yan Qi, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, said many university graduates and migrant workers are willing to start their own businesses.

Yan said he handed out 4,800 questionnaires to newly employed migrant workers and college graduates to learn about their career plans.

Up to 69.9 percent of the respondents expressed the willingness of becoming "general managers" or "business owners," said Yan, who runs a private business in southwest China's Chongqing municipality.

Their ambitions are in line with the government's goal of boosting the development of micro-sized enterprises, Yan said, adding that the government can do more to help their dreams come true.

Yan said the government should encourage large enterprises to provide support for the development of micro-sized ones, citing an example of Taobao.com, China's largest online marketplace.

The company has allowed more than 100,000 people to gain employment by opening their own online shops, Yan said.

The government could offer special funding for large enterprises that are willing to help smaller companies or give subsidies to companies that train and provide management consulting services for franchisees, Yan said.

The 11th CPPCC National Committee concluded its annual session on Tuesday.