China will create a fund for the development of small and medium businesses

Almaty. September 2. Silkroadnews - Premier Li Keqiang held a meeting of the State Council, at which it was decided to allocate 60 billion yuan ($9.4 billion) for the creation of a state fund for development of small and medium businesses, reported Xinhua news agency.
"The fund is intended to reduce the financial burden of small and medium enterprises, vigorously promote mass of entrepreneurship and innovation, create jobs, create a new driving force for growth", - says the publication.
The meeting noted that the central government will provide 15 billion yuan, the remaining amount will be collected through the involvement of public and private companies, financial institutions, local governments, etc.
The meeting stressed the need to efficiently accommodate medical resources to improve services for the population. Adopted a draft Law of the PRC "On the promotion of the film industry".