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Core Insights - The article highlights the innovative "personal entrepreneurship service" launched in Haizhu District, Guangzhou, aimed at streamlining entrepreneurship processes through departmental collaboration and integrated services, thereby supporting young talents in their entrepreneurial endeavors [1] - The initiative aligns with the joint implementation opinion by the Ministry of Human Resources and Social Security, the State Taxation Administration, and the State Administration for Market Regulation, focusing on reducing steps, enhancing services, and lowering costs in the entrepreneurial process [1] Group 1: Entrepreneurship Support Measures - The number of registered private enterprises in China exceeded 55 million by the end of September 2024, accounting for over 92% of total enterprises, showcasing the robust growth in the entrepreneurial sector [1] - The average annual issuance of entrepreneurial guarantee loans has surpassed 100 billion over the past five years, directly supporting millions of entrepreneurs [1] - New industries and sectors such as new energy, new materials, low-altitude economy, quantum communication, and humanoid robots are emerging as new growth points for the economy [1] Group 2: Challenges Faced by Entrepreneurs - Some light-asset entrepreneurs face financing challenges due to high traditional credit thresholds, low matching with venture capital, and high costs associated with limited financing channels [2] - Certain groups, such as older individuals and returnees from rural areas, lack high-quality, professional entrepreneurial guidance and face difficulties in legal consultation [2] Group 3: Proposed Solutions - The article suggests deepening the "streamline administration and delegate power" reform, exploring simplified approval models for small and micro enterprises, and enhancing the transparency and accessibility of entrepreneurial policies [2] - A multi-tiered inclusive financing system is recommended, emphasizing the role of government financing guarantee institutions and encouraging financial institutions to develop credit loan products based on operational data and intellectual property [2] - The establishment of a comprehensive entrepreneurial service system is proposed, integrating resources from government, universities, enterprises, and social organizations to provide one-stop services for individual entrepreneurs [2][3] Group 4: Additional Support Measures - The continuation and optimization of tax and social security policies for small and micro enterprises are suggested, along with greater incentives for startups that employ key demographic groups or engage in green and digital economies [3] - The exploration of shared office spaces, experimental platforms, and cloud services as a means to provide affordable production factors and subsidies to reduce entrepreneurial costs is also recommended [3]