CHINA> Focus
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CHINA> Focus
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Migrant workers try hand at entrepreneurship in hometowns
(Xinhua)
Updated: 2009-01-09 21:39 Local governments should do more to provide returned migrant workers with such services as loans and training, said Cui. Jiangxi will offer 1.08 billion yuan worth of loans to support the enterprises of returned migrant workers this year, with a maximum of 50,000 yuan per person, according to the provincial labor and social insurance department. Jiangxi has 6.8 million migrant workers. The department estimates that perhaps 1 million might stay home in the first half as jobs dry up. Neighboring Hunan Province says it will allocate 48 million yuan as training funds for returned migrant workers. Yu, meanwhile, has a new life. His company hired 26 returned migrant workers, and he will expand if capital permits. "The financial crisis is a turning point for me and many other migrant workers," said Yu. "Without it, I might not have had the nerve to start my own enterprise."
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