In March, the Beijing government set aside over 40,000 jobs for new college graduates. The fight for jobs remains fierce, with millions of young workers flooding the job market every year in China. Many of them, despite lacking both money and experience, opt to start their own businesses. CCTV’s Tang Bo filed this report from Beijing.

Highlights:

• There are more than seven million graduating students in China this year, most of whom are under intense pressure to find a job.
• More and more, companies are offering start-up funds for young entrepreneurs. It’s a trend the government has been encouraging.