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Economic Watch: New regulation extends boost to China s self-employed businesses-Xinhua

New regulation extends boost to China s self-employed businesses

© Provided by Xinhua BEIJING, Nov. 2 (Xinhua) More than 100 million Chinese self-employed businesses are set to receive a boost as a new regulation

After the struggle, hopes rise for biz recovery

Something unusual occurred this year at Beijing's Yuebin Restaurant. The place is known for its tagļ¼China's first private-sector eatery in the era of reform and opening-up. For only the second time in 40 years since opening shop in 1978, Yuebin halted its business for several weeks. COVID-related restrictions to reduce human contact ensured that, like in 2020 when it did so for the first time, again due to the pandemic.

Strong market entity support reaffirmed, number tops 150m

More efforts will be made to support China's market entities or businesses so as to inject market vitality and stabilize economic fundamentals, as the number of market entities hit a record high by the end of last year, according to the country's top market regulator on Thursday.

Strong market entity support reaffirmed, number tops 150m

More efforts will be made to support China's market entities or businesses so as to inject market vitality and stabilize economic fundamentals, as the number of market entities hit a record high by the end of last year, according to the country's top market regulator on Thursday.

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