Students who hold the Job Registration Certificate and the Entrepreneurship Training Certificate will receive free entrepreneurship support services and can apply for a small loan of up to 50,000 yuan. Entrepreneurship needs to apply for small loans, which are included in the scope of "SME credit guarantee system construction support fund" and "small loan guarantee fund" for re-employment personnel. In addition, relevant employment and entrepreneurship training for unemployed university graduates will also start in July.
In order to cope with the employment situation faced by graduates after the expansion of enrollment in China, the State Administration for Industry and Commerce proposed to encourage fresh college graduates to engage in self-employment by reducing or exempting fees. In addition, the state also gives preferential policies to college students in financing, taxation and many other aspects.