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Policy

China taps economic development zones for veteran job opportunities

February 10, 2021


Abstract : China has released a new document to promote veteran employment and business start-up in its economic development zones (EDZs), the country's hives of high-tech industries and enterprises.

BEIJING, Feb. 9 (Xinhua) -- China has released a new document to promote veteran employment and business start-up in its economic development zones (EDZs), the country's hives of high-tech industries and enterprises.

Highlighting the leading role of EDZs in China's industrialization, economic opening up and the entrepreneurial drive, the document has placed high hopes on the economic hubs in facilitating military personnel to join the workforce after service.

EDZs are instrumental in diversifying veterans' job opportunities and helping them start businesses, a spokesperson with the Ministry of Veterans Affairs told Xinhua.

More than that, the preferential business policies and incentives inherent to such economic complexes would make it more likely for ex-service people to land high-quality jobs and start successful businesses, according to the spokesperson.

The document also called for efforts to shore up preferential treatment and financing assistance to veterans who would like to start a business.

It urged down-to-earth enforcement of the preferential treatment and supporting policies for veterans in job placement and business start-ups, while stressing the importance to observe market rules, level the employment playground and factor in local conditions.

The document was jointly released by eight central government departments including the Ministry of Veterans Affairs. Enditem

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Keyword: economic development zones

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