"Crowd business venture start-ups" and "crowd innovation" were among the most mentioned phrases by Premier Li Keqiang during visits to Henan and Liaoning provinces in September. Photo: Xinhua

Beijing backs equity crowdfunding to develop entrepreneurial economy

State Council encourages more entrepreneurial activity and vows to cut red tape for new firms

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"Crowd business venture start-ups" and "crowd innovation" were among the most mentioned phrases by Premier Li Keqiang during visits to Henan and Liaoning provinces in September. Photo: Xinhua
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