The mainland will promote greater use of equity crowdfunding for startups to encourage entrepreneurship in the world's second-largest economy, a cabinet document said on Saturday.
The government has repeatedly said it wants to promote more entrepreneurial activity in the state-dominated economy to stimulate employment, a top priority as the economy slows.
Image: "Crowd business venture start-ups" and "crowd innovation" were among the most mentioned phrases by Premier Li Keqiang during visits to Henan and Liaoning provinces in September. Photo: Xinhua
