Recently, in order to optimize the environment for private economic development, ensure fair participation of various economic organizations in market competition, and promote the high-quality development of the private economy, the Henan Provincial Department of Justice issued the “Regulations on Promoting the Private Economy in Henan Province” to solicit comments from the public. The Regulations propose to formulate and improve entrepreneurship support policies, establish and improve entrepreneurship training, counseling and education systems, provide entrepreneurs with entrepreneurship counseling and training such as market development, technological innovation, intellectual property rights, quality improvement, and financing guarantees; include individual business operators and small and micro enterprise founders in the scope of entrepreneurship training subsidies, carry out employee vocational skills training evaluations and provide subsidies according to regulations. Eligible persons who set up small and micro enterprises for the first time or are self-employed are granted support policies such as one-time start-up allowances and guaranteed loans for starting a business in accordance with regulations. Graduates of colleges and universities, veterans, returnees, the unemployed, the disabled, etc. who set up private economic organizations are granted tax relief and policy concessions in accordance with relevant regulations.

Recently, in order to optimize the environment for private economic development, ensure fair participation of various economic organizations in market competition, and promote the high-quality development of the private economy, the Henan Provincial Department of Justice issued the “Regulations on Promoting the Private Economy in Henan Province” to solicit comments from the public. The Regulations propose to formulate and improve entrepreneurship support policies, establish and improve entrepreneurship training, counseling and education systems, provide entrepreneurs with entrepreneurship counseling and training such as market development, technological innovation, intellectual property rights, quality improvement, and financing guarantees; include individual business operators and small and micro enterprise founders in the scope of entrepreneurship training subsidies, carry out employee vocational skills training evaluations and provide subsidies according to regulations. Eligible persons who set up small and micro enterprises for the first time or are self-employed are granted support policies such as one-time start-up allowances and guaranteed loans for starting a business in accordance with regulations. Graduates of colleges and universities, veterans, returnees, the unemployed, the disabled, etc. who set up private economic organizations are granted tax relief and policy concessions in accordance with relevant regulations.