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Xinjiang encourages innovation, entrepreneurship to generate employment: white paper
By:Xinhua

Xinjiang has been promoting innovation as a new engine for creating jobs, and encouraging people who are eager and eligible to start their own businesses, according to a white paper released by the State Council Information Office on Thursday.

The region has advanced reform to streamline administration, delegate power, improve regulation and upgrade services, says the white paper titled "Employment and Labor Rights in Xinjiang."

The local government eases market access, improves policies in support of business startups, and sees to it that guaranteed loans, interest subsidies, allowances and tax breaks for startups are implemented.

Xinjiang currently has five business incubation demonstration bases at national level and 27 at provincial and equivalent level, which have fostered 1,412 micro and small businesses and created more than 10,000 jobs.

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