Venture(US:VEMLY) Zhong Guo Xin Wen Wang·2025-10-14 19:11Core Insights - A significant entrepreneurial boom is occurring in Yongxing County, Hunan, with the number of rural entrepreneurial entities increasing from 3,920 to 10,486 over the past three years, leading to job creation growth from 19,600 to 48,200 [1][3] Group 1: Entrepreneurial Environment Optimization - The county has established a "funding + land + service" support system, reducing the time for subsidy applications from several weeks to just three days [3] - Special funds of 8 million yuan are allocated annually for innovation and entrepreneurship, effectively lowering startup costs, with costs for homestay projects reduced by over 30% compared to traditional models [3] - Following the introduction of special support policies for the oil tea industry, 120 new entrepreneurial entities were established within six months [3] Group 2: Comprehensive Support Network - A three-tiered entrepreneurial service network has been established, consisting of county-level parks, township bases, and village service stations, providing comprehensive support for entrepreneurs [4] - The county's industrial park has attracted over 80 enterprises, creating 52,000 jobs in 2024, with 40% of these jobs going to returnee entrepreneurs [4] - E-commerce parks have been equipped with cold chain storage, facilitating online sales of fresh produce, projected to reach 1.8 billion yuan in 2024 [4] Group 3: Focus on Specialty Industries - Yongxing County is leveraging its specialty industries, such as ice sugar oranges, oil tea, traditional Chinese medicine, and agritourism, which account for 45% of new entrepreneurial entities [5] - The ice sugar orange industry has established over 20,000 acres of high-standard bases, with an expected total industry chain output value of 800 million yuan in 2024 [6] - The oil tea industry has developed skincare products, with online sales accounting for 40% of total sales [6] Group 4: Youth Engagement in Entrepreneurship - The improved entrepreneurial environment is attracting more young people to return and start businesses, with initiatives like free rent for incubation bases and mentorship programs [7] - The county has invested over 4 million yuan to enhance the university student entrepreneurship incubation base and is actively promoting entrepreneurship through competitions and guidance [7] - Yongxing County has been recognized as a typical rural entrepreneurship county in Hunan Province for 2025, focusing on nurturing new business formats like agritourism and rural e-commerce [7]