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BEIJING, Dec. 26 (Xinhua) — Chinese language authorities have unveiled a tenet to help demobilized army personnel in beginning companies and interesting in innovation.
Monetary help, corresponding to elevated assured loans, will probably be tilted towards enterprise startups run by ex-service members, in keeping with the doc issued by the Ministry of Veterans Affairs in collaboration with 20 different departments.
Different supporting measures embrace tax and charge discount, preferential insurance policies in rental funds and subsidies, and entrepreneurship coaching.
The transfer goals to reinforce veterans’ capabilities of operating companies and pursuing innovation, increase their participation out there, and create extra employment for ex-service members, the rule stated.
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