Chinese premier underlines entrepreneurship, innovation

Chinese Premier Li Keqiang has urged local governments to enhance support for mass entrepreneurship and innovation to add new impetus to the country's growth.

Li made the remark in an inspection tour to northeast China's Dalian, which hosted the Summer Davos forum from Wednesday to Friday. He visited a platform providing services to makers, or those who turn innovative ideas to products.

He lauded some of the creative products and their market prospects, and urged the makers to come up with innovative ideas that meet market demands and also pursue the continuous improvement of details and quality of products.

Local governments should make earnest efforts to implement policies on supporting mass entrepreneurship and innovation, including streamlining administrative approvals and delegate power to lower levels, the premier said.

The country should create a sound environment for promoting the growth of startup companies, injecting new impetus for the country's economic growth, Li said. Endi