China to Support New Online Business Ideas, Side Hustles

ZHANG YUSHUO

(Yicai Global) July 15 — China will further support the development of fresh business ideas such as those related to e-commerce and live-streaming to create new jobs along with rising consumption.

The government will reduce the cost of starting an online business and hiring, some 13 central government departments said in a guideline issued today. Side gigs and digital transformation are also encouraged.

Editor: Emmi Laine