Often shortened to ‘双创’ shuangchuang, it is an idea proposed by Li Keqiang 李克强 at 2014 Summer Davos. It has become a focus of innovation policy, seeking to boost the capacity of capital-starved individuals and SMEs. Measures includes tax breaks, subsidies for startups, innovation demonstration zones, and alternative finance mechanisms for SMEs. Li has mooted integration with related innovation efforts, like ‘Made in China 2025’ and ‘Internet+’.