Chinese premier lauds progress in mass entrepreneurship, innovation

Updated 2017-06-27 13:04:39 Xinhua

Premier Li Keqiang said Tuesday the country has achieved better-than-expected results in its efforts to drive mass entrepreneurship and innovation.[Special coverage]

The number of market entities in China increased by a daily average of 40,000 in the past three years, Li said in a speech at the opening ceremony of the Annual Meeting of the New Champions 2017, also known as the Summer Davos.

During that period, more than 15,000 enterprises were registered every day on average, with about 70 percent of them active in business, and the number of new enterprises rose to 18,000 a day in May this year, according to Li.

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