China to promote equity crowdfunding to support startups
Beijing
CHINA 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.
China's leaders have repeatedly said that they want to promote more entrepreneurial activity in the state-dominated economy to stimulate employment, a top priority as the economy slows.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
AI infrastructure can lead South-east Asia’s next growth story: UOB
MAS eases family office tax rules, widens AML checks as Singapore vies for global wealth