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Employees of start-ups work at an incubator center in Lanzhou city, capital of Northwest China's Gansu province. Oct 10, 2015. Incubator centers have been set up these years to boost start-ups in Chengguan district of Lanzhou city. Measures including simplifying procedures for licenses application and earmarking subsidiaries have been implemented to reduce the operation cost for the companies in these centers. Up to now, about 30 incubator centers have fostered more than 1000 start-ups in the sectors encompassing e-commercial, bio-pharmaceutical, cultural and creative and internet plus industries. [Photo/Xinhua] |
"Incubators, policy and support are bringing people to their hometowns. Business opportunities in East China are shrinking and the potential of here is now sucking talent back west," said Chuanshuo's CEO Li Guoliang.
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