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The study of international cooperation director): Now the level of GDP per capita has been the development of China's middle-income levels in the world, at this stage if there is no innovation likely to fall into the middle-income trap, but if you want to cross the middle-income trap will be sought through innovation new economic growth point. Like Latin America, why the long-term fall into the middle-income trap inside, because dependence on resources and energy, and bulk products is too high to reach middle-income levels no later innovation and did not seek a new growth point, so very passive. Now China is in the middle-income countries, China's labor costs, land prices, development costs, so the price of capital is rising, the future will further push up resource tax reforms, environmental taxes and then push carbon tax reform, all the costs add up, It will lead to future economic development or do business in China, if not high value-added is unsustainable, unsustainable. The next step if you want sustainable growth, as well as to find a new growth engine, it must be through the mass entrepreneurship and innovation, and finally to find whether it is technical, management, and other aspects of innovation model, which seeks to high value-added, to really drive innovation based economy. The third point for entrepreneurial innovators, innovation and entrepreneurship is difficult, there is likely to fail, afraid to fail the courage to endure hardship. The same time to actively seek the support of venture capital, to seek funding to support innovation, focusing on the VC + PE, government financial support for innovation, SMEs guarantee fund, do not just stare at the bank, personally I feel that the bank is not a solution and small entrepreneurs the main micro-enterprise. Yanyun Zhao (People's University of China president): reference to public business, we now link with the Internet, online shopping, sales have developed in rural areas, while the development of the Internet may also introduces a lot of people to be innovative, and this is an effective division of labor under public entrepreneurship. It should be noted that the current level of China's overall labor quality is uneven, everyone eager to entrepreneurship, development, money, entrepreneurs need market information to absorb thorough, comprehensive understanding of relevant laws and regulations. For entrepreneurs advice is to adapt to the times is right, the government opened his arms to welcome and support, we