The improving environment for entrepreneurship in Chongqing has stimulated more and more college students to start their own businesses. Statistics show every three out of one hundred graduates across the city have chosen their own start-ups.

A series of preferential policies unveiled by the local government have significantly contributed to the rising enthusiasm for entrepreneurship among graduates. ‘Fanhai Yangfan’, a program for aiding college students’ entrepreneurship, offers 30,000 to 50,000 yuan each to 100 carefully selected student entrepreneurs every year. (CQNEWS) (Translated by Liu Kan)