Mass entrepreneurship and innovation

Mass entrepreneurship and innovation, abbreviated in Chinese as shuangchuang (Chinese: 雙創), is an innovation and entrepreneurship policy promoted by the government of the People's Republic of China since 2015. The State Council issued the Guiding Opinions on Supporting Platforms for Mass Entrepreneurship and Innovation on 26 September 2015, stating that in the context of the growth of the global sharing economy and the development of Internet innovation, it is necessary to promote a systematic policy of crowdsourcing, crowdfunding, crowd support and crowd-raising. Premier Li Keqiang, who led the policy, was praised by the Chinese state media as "Maker Li Keqiang" for promoting "mass entrepreneurship and innovation". Various provincial and municipal governments have launched policies to respond to "mass entrepreneurship and innovation" and build maker spaces, which to some extent has led to an oversupply of maker spaces and incubators.

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