Development and Reform Commission: Strengthening policy support for SMEs

According to Xinhua News Agency
On the 15th, Ou Xinjun, deputy director of the National Development and Reform Commission, said that China will focus on strengthening policy support for small and medium-sized enterprises in four areas and promoting its sound and rapid development.

First, relax and standardize market access for SMEs, improve the entrepreneurial environment, accelerate the reform of monopoly industries, encourage, support and guide SMEs to participate in the reform of state-owned enterprises, and enter financial services, public utilities, infrastructure and other fields. Some important areas of mineral resource exploitation allow SMEs and social funds to enter capital.

The second is to improve financial services, promote the construction of credit systems for SMEs, manage the SME sector in the securities market, and broaden the direct financing channels for SMEs.

The third is to increase technical innovation and talent development support, improve the intellectual property protection system, and improve the enthusiasm of SMEs for entrepreneurial innovation.

The fourth is to improve the socialized service system for SMEs.

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