LINE

Text:AAAPrint
Society

Shenzhen to offer more startup grants to overseas returnees

1
2018-03-15 10:47:55Xinhua Gu Liping ECNS App Download

The southern Chinese city of Shenzhen has decided to offer more startup grants for overseas-educated Chinese students in order to lure more talent to the city to start businesses, local authorities said on Wednesday.

Total startup grants for overseas returnees will surge from the previous 15 million yuan (2.37 million U.S. dollars) to 30 million yuan in 2018, according to the local human resources and social security bureau.

The entrepreneurship programs will be evaluated by experts, and the best programs will be granted up to 5 million yuan, according to the bureau.

Shenzhen started to offer startup grants in 2001. The local government has allocated startup grants to 947 firms set up by overseas returnees so far.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.