Chinese students with a pioneering spirit can now defer their studies to start their own business, in a move by the education ministry to deal with the record number of college graduates due next year.

 

China will see 7.49 million people graduate from college next year, 220,000 more than the number last year. Helping them find a job is a tremendous challenge.

 

The Education Ministry has found measures to cope with the unprecedented number of graduates. In a notice published on Wednesday, it called on colleges to offer a more flexible schooling system, allowing students to suspend their studies to pursue business opportunities off campus.

 

Schools are required to offer courses on entrepreneurship that award academic credit and invite entrepreneurs, business owners, academics and investors to share their expertise with students.

 

The ministry said it would roll out favorable polices, including entrepreneurship training, business registration, capital raising and tax reduction, for students to start their own business.

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