College student entrepreneurs can get loans to open online stores, and can enjoy tax cuts by setting up small and micro businesses

People's Daily Online, Beijing, June 12 (Reporter Lin Lu) This year, 7.27 million graduates of the class of 2014 will leave the ivory tower and step into society. The reporter learned from the Ministry of Education that for college students graduating this year, the state has introduced a number of preferential policies for employment and entrepreneurship.

5 policies encourage graduates to take jobs at the grassroots level

In terms of encouraging college graduates to take jobs at the urban and rural grassroots level, the state has introduced 5 policies.

1. All regions should, in light of the urbanization process and the requirements for equalization of public services, fully tap the employment potential in grassroots public management and service fields such as education, labor and employment, social security, medical and health care, housing security, social work, culture and sports, services for people with disabilities, and agricultural technology extension, so as to absorb college graduates for employment.

2. All regions should, in light of advancing agricultural science and technology innovation and improving the agricultural social service system, guide more college graduates to devote themselves to modern agriculture.

3. Continue to implement in a coordinated way various grassroots service programs such as college student village officials and the "Three Supports and One Assistance" program, and improve the service guarantee mechanism for encouraging college graduates to work at the grassroots level. For college graduates who take jobs at grassroots units below the county level in the central and western regions and in difficult and remote areas, the policy of tuition compensation and repayment of student loans shall be implemented.

4. When college graduates engage in professional and technical work at grassroots units below the county level in the central and western regions and in difficult and remote areas and apply for the corresponding professional titles, they may be exempted from the foreign language examination for professional titles or have the foreign language score requirements relaxed. 5. Fully tap the potential of social organizations to absorb college graduates for employment. For college graduates who take jobs at social organizations, foundations, and private non-enterprise units in provincial capitals and cities below the provincial capital level, the local public employment and talent service agencies shall assist in handling household registration procedures, and they shall enjoy the same treatment as personnel of the same category in state-owned enterprises and public institutions in terms of professional and technical title evaluation.

12 policies encourage graduates to start their own businesses

In terms of encouraging college graduates to start their own businesses, the state has introduced 12 policies.

1. From 2014 to 2017, implement the College Student Entrepreneurship Leading Plan nationwide. By providing entrepreneurship services, implementing entrepreneurship support policies, and enhancing entrepreneurship capabilities, help and support more college graduates to start their own businesses, and gradually increase the proportion of college graduates starting businesses.

2. All regions should take measures to ensure that eligible college graduates can receive various services and policy benefits such as entrepreneurship guidance, entrepreneurship training, business registration, financing services, tax preferences, and venue support.

3. All colleges and universities should extensively carry out innovation and entrepreneurship education, incorporate entrepreneurship education courses into credit management, and relevant departments should develop entrepreneurship training courses suited to the characteristics of college graduates, carry out entrepreneurship training according to demand, and enhance college graduates' awareness of entrepreneurship and entrepreneurial ability.

4. Local public employment and talent service agencies should provide college graduates who start their own businesses with services such as personnel agency, archive custody, social insurance handling and continuation, professional title evaluation, and protection of rights and interests.

5. All regions and relevant departments should further implement and improve various entrepreneurship support policies such as business registration, venue support, and tax and fee reductions. Broaden the forms of capital contribution for enterprises founded by college graduates, and simplify business registration procedures.

6. Encourage all regions to make full use of existing resources to build college student entrepreneurship parks, entrepreneurship incubation bases, and small enterprise entrepreneurship bases, so as to provide college graduates with support for entrepreneurial business premises.

7. For small and micro enterprises founded by college graduates, implement in accordance with regulations tax preferential policies such as halving the corporate income tax, and temporarily exempting value-added tax and business tax for monthly sales of no more than 20,000 yuan.

8. College graduates engaged in individual businesses and college graduates within the graduation year shall enjoy relevant tax preferential policies in accordance with regulations.

9. College graduates who have returned from studying abroad and start their own businesses may, if they meet the conditions, enjoy the current entrepreneurship support policies for college graduates.

10. All banking financial institutions should actively explore and innovate financial products and service methods that meet the actual needs and characteristics of college graduates' entrepreneurship. On the principle of controllable risk and convenience for college graduates to enjoy policies, lower loan thresholds, optimize loan approval processes, and improve loan approval efficiency. By further improving various methods such as mortgage, pledge, joint guarantee, surety, and credit loans, solve the difficulty of counter-guarantee for college graduates through multiple channels, and effectively implement bank loans and fiscal interest subsidies.

11. College graduates who open "online stores" on e-commerce network platforms may enjoy small guaranteed loans and interest subsidy policies.

12. Give full play to the positive role of special funds for the development of small and medium-sized enterprises, and promote the improvement of the entrepreneurship environment. Encourage enterprises, industry associations, mass organizations, angel investors, and others to provide financial support to college students who start their own businesses in various ways, and establish angel investment and venture capital funds focused on supporting college graduates' entrepreneurship. For investments supporting early-stage entrepreneurial enterprises, if they meet the conditions, they may enjoy the relevant corporate income tax preferential policies for venture capital enterprises.