China encourages foreign sci-tech entrepreneurship
BEIJING -- China supports foreign talent with permanent residence certificates to set up sci-tech enterprises, according to guidelines recently issued by the country's Ministry of Science and Technology.
The guidelines, aimed to support innovation and development of small- and medium-sized enterprises (SMEs) in science and technology, said that foreign entrepreneurs will enjoy the same treatment as their Chinese counterparts.
SMEs in science and technology are important forces in fostering new engines of growth and promoting high-quality development. The ability to innovate is their competitiveness, the guidelines said.
Other favorable policies for SMEs include tax reduction, financial assistance and participation in major national sci-tech projects.
- Xinjiang guide forms deep bonds with Taiwan visitors
- BLCU aims to expand international student enrolment
- Digital reading boom draws more Chinese into books
- Taiwan business groups urge DPP to respond to mainland's exchange policies
- Hong Kong's Wang Fuk Court residents return to fire-ravaged units in batches for belongings
- Equal protection principle boosts IP judicial system
