China News Service:

Recently, the CPC Central Committee and the State Council released a set of guidelines aimed at boosting the growth of the private economy. What actions has the MVA taken to support veteran-led start-ups? Thank you.

Yu Jingsen:

General Secretary Xi Jinping attaches great importance to developing private economy. After the CPC Central Committee and the State Council issued the "31 measures" document, the leading Party members group of the ministry earnestly studied, deployed, and put forward task requirements for promoting the development and growth of self-employment and enterprises founded by ex-service members. We have done the following work:

One area of focus is developing a clear picture. Currently, there are 4.96 million enterprises established by ex-service members and self-employed individuals across the country. These include 2.59 million enterprises, of which 46,000 are above designated size , and more than 370 are listed enterprises. Collectively, they have created 5.86 million jobs for ex-service members. Last year, the output value of enterprises founded by ex-service members exceeded 1 trillion yuan, contributing more than 300 billion yuan in taxes. Enterprises founded by ex-service members have significantly contributed to economic and social development.

Second, we have enhanced policies related to entrepreneurship and start-ups. In collaboration with over 20 ministries and departments, including the National Development and Reform Commission, we have jointly issued guidelines to support entrepreneurship and innovation among ex-service members. This initiative provides policy support for those qualified and willing to launch their own businesses.

Third, we have built platforms for entrepreneurship. We have gathered and promoted the experiences from Guangdong province and other places to integrate various social resources to incubate enterprises founded by ex-service members. We have guided various locations to develop supportive platforms, resulting in the creation of 1,988 business incubation centers. In Shaanxi province, the first National Veterans Entrepreneurship and Innovation Exhibition and Fair was held, featuring more than 800 projects and products. The event attracted over 20 million online page views, and the on-site turnover exceeded 3 billion yuan.

Fourth, we have strengthened services related to entrepreneurship. Together with six ministries and departments, including the Ministry of Human Resources and Social Security, we launched a month-long campaign to strengthen services for private businesses. Additionally, in collaboration with 13 ministries and departments, including the State Administration for Market Regulation, we launched another month-long campaign to strengthen services for self-employed individuals. We hope to boost confidence among ex-service members to establish enterprises and those self-employed through these measures. Thank you.