Invoice Bazaar Blog

China to implement measures to boost growth of self-employed business owners

By Invoice Bazaar | March 8, 2023

The State Administration for Market Regulation (SAMR), China’s top market regulator, will assist self-employed business owners at various development stages by implementing more favorable measures to support their growth. SAMR will coordinate and work with multiple departments, actively conduct policy research in social security, taxes, and other areas, and gradually increase support for self-employed businesses. Furthermore, the government will strive to strengthen research, monitoring, and analysis and help find new development opportunities for all self-employed enterprises. Meanwhile, SAMR will continue to visit self-employed individuals on-site and help them solve practical difficulties and problems, thus further enabling individual businesses to grow and contribute to China’s high-quality growth.

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