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More graduates have access to get business start-up loans

April 23rd, 2009

shanghaibiyeshengzizhuchuangyeOn April 1st, Shanghai launched a new policy, which will enable more people to get loans to  start business.

The new policy of Shanghai human resources and social security bureau says that after providing a feasible business plan, any Shanghai citizen under 35 can apply a one-year loan up to 100,000 Yuan ($14,630), which is guaranteed by the government.

An official with the bureau Read more…

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