Govt unveils new steps to help small businesses
1 year, 11 months ago

Govt unveils new steps to help small businesses

China Daily  

Quality control staff check button mushrooms at an agricultural products company in Shiyan, Hubei province. China has rolled out a string of new measures to help small and medium-sized enterprises tide over short-term difficulties, as part of its broader push to promote the high-quality development of these firms. The 15 steps published by the State Council on Saturday offer targeted help for micro, small and medium-sized enterprises, or MSMEs, to stabilize growth and improve their competitive edge, experts said. Part of these measures seek to help MSMEs tide over difficulties through policy support, easier financing and demand expansion, among others, according to the Ministry of Industry and Information Technology, the nation’s top industry regulator. More efforts are needed to leverage digital technologies to help such enterprises, which play a critical part in narrowing the income gap and bolstering development of the real economy, Zhou said, adding that the company has launched an SaaS — or software as a service — platform and is helping drive the digitalization push of MSMEs.

China Help Govt Unveils  msmes  technology  govt  unveils  steps  nations  businesses  push  tide  small  company  enterprises  help  industry

History of this topic

Continue improving policy environment for SMEs
1 month ago

Continue improving policy environment for SMEs

China Daily  

According to the Ministry of Industry and Information Technology, the small- and medium-sized enterprise operating index was 50.7 in October, expanding for six consecutive months. Additionally, China Association of Small and Medium Enterprises data indicate that the SME Development Index for October stood at 89, a rise of 0.3 percentage points from that in September, marking the largest increase since …

Shandong leads in fostering specialized, sophisticated SMEs
1 month ago

Shandong leads in fostering specialized, sophisticated SMEs

China Daily  

Shandong province has been at the forefront of cultivating specialized and sophisticated small and medium-sized enterprises in China. As of now, Shandong boasts 18,072 specialized and sophisticated SMEs and more than 1,000 specialized and sophisticated "little giant" enterprises, ranking among the top in the country. Notably, 95 percent of Shandong's specialized and sophisticated SMEs with over 100 million yuan in …

China ramps up support for cutting-edge SMEs in tech advancement drive
5 months ago

China ramps up support for cutting-edge SMEs in tech advancement drive

China Daily  

Employees assemble a drone at an industrial park for small and medium-sized enterprises in Lianyungang, Jiangsu province, in July. BEIJING - China is set to intensify its efforts to nurture and support innovative small and medium-sized enterprises in order to accelerate technological advancements and drive new product development. The MIIT previously announced that a special campaign will be launched to …

Small, medium firms put up steady Q2 performance
5 months, 1 week ago

Small, medium firms put up steady Q2 performance

China Daily  

Employees assemble a drone at an industrial park for small and medium-sized enterprises in Lianyungang, Jiangsu province, in July. China's Small and Medium Enterprises Development Index stood at 89.4 in the second quarter, with a steady recovery of the private sector during the period. Its clients include big names like Japanese gaming giant Nintendo and Chinese smartphone maker Xiaomi Corp. …

China's SMEs development index continues to pick up
7 months, 2 weeks ago

China's SMEs development index continues to pick up

China Daily  

An employee of an engine manufacturer works on a production line in Tangshan, Hebei province, in September. BEIJING -- China's small and medium-sized enterprises reported improved business performance in April, an industry index showed Thursday. The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs from eight major industries, came in at 89.4 in April, up …

Shandong looks to bolster development of 'little giants'
1 year, 4 months ago

Shandong looks to bolster development of 'little giants'

China Daily  

Industrial robots work on a car production line at a factory in Yantai, Shandong province. Shandong's small and medium-sized enterprises showed stable development since the beginning of this year, laying a solid foundation for the steady operation of the province's macroeconomy, said local officials. Shandong is now home to 16,075 SMEs that specialize in niche sectors, command a high market …

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister
2 years ago

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister

India TV News  

Delhi: Micro, small and medium enterprises are among the most important pillars of India's economy and the government is working to make the sector stronger and more developed, Minister of State for MSME Bhanu Pratap Singh Verma said on Monday. "We will also work to ensure that interrelationship between the MSME sector and other important pillars of the Indian economy …

Guideline to help MSMEs stay afloat
2 years, 6 months ago

Guideline to help MSMEs stay afloat

China Daily  

SHI YU/CHINA DAILY New measures to lower taxes, increase financing for companies struggling due to COVID-19 outbreaks China is beefing up support for micro, small and medium-sized enterprises by enacting measures to alleviate the financial burden brought on by outbreaks of COVID-19. Their comments were made after the Ministry of Industry and Information Technology unveiled a guideline on May 13 …

Guideline to help MSMEs stay afloat
2 years, 6 months ago

Guideline to help MSMEs stay afloat

China Daily  

SHI YU/CHINA DAILY New measures to lower taxes, increase financing for companies struggling due to COVID-19 outbreaks China is beefing up support for micro, small and medium-sized enterprises by enacting measures to alleviate the financial burden brought on by outbreaks of COVID-19. Their comments were made after the Ministry of Industry and Information Technology unveiled a guideline on May 13 …

Small businesses in Zhejiang demonstrate economic resilience
3 years, 6 months ago

Small businesses in Zhejiang demonstrate economic resilience

China Daily  

ezhejiang.gov.cn| Updated :2021-05-27 East China's Zhejiang province saw its small and micro-sized companies, which were generally hardest hit by the COVID-19 pandemic, grow 12.45 percent to 2.5 million in total number in 2020, according to the latest statistics by the Zhejiang Administration for Market Regulation. Statistics also show that the growth index for small and micro-sized companies, a comprehensive measure …

Policies should focus on upgrading SMEs, not just emergency relief
4 years, 5 months ago

Policies should focus on upgrading SMEs, not just emergency relief

China Daily  

Employees work on the production line of an electronic products company in Shaoyang, Hunan province, on June 17. The government policies that made this possible are partly a response to the economic disruptions caused by the COVID-19 pandemic, but they predate the coronavirus and are designed to support and upgrade the nation's SMEs. In many ways, the measures to upgrade …

Policies should focus on upgrading SMEs, not just emergency relief
4 years, 5 months ago

Policies should focus on upgrading SMEs, not just emergency relief

China Daily  

Employees work on the production line of an electronic products company in Shaoyang, Hunan province, on June 17. The government policies that made this possible are partly a response to the economic disruptions caused by the COVID-19 pandemic, but they predate the coronavirus and are designed to support and upgrade the nation's SMEs. In many ways, the measures to upgrade …

China to strengthen financial support for enterprises
4 years, 5 months ago

China to strengthen financial support for enterprises

China Daily  

A clerk counts cash at a bank in Nantong, South China's Jiangsu province. China will focus on improving financial services to micro, small and medium-sized enterprises in an effort to ensure their sound development, according to a State Council executive meeting on Wednesday. The meeting, presided over by Chinese Premier Li Keqiang, said that special local government bonds will be …

Discover Related