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Govt to help grads start businesses

The central government released a string of measures on Tuesday (13th May) supporting student entrepreneurs and startup businesses as the country's college graduates face another tough year in the job market. As part of a plan to support startup businesses from 2014 to 2017, the State Council issued a notice requiring colleges to open courses that prepare their graduates to start businesses. Financial institutions should also provide banking services that fit the graduates' needs. The country will see a total of 7.27m college graduates this year, a majority of whom are expected to enter the job market in June. The number will be 280,000 more than last year, which was considered the hardest year to find a job since the global economic downturn.

http://usa.chinadaily.com.cn/china/2014-05/14/content_17505301.htm