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    Central New Policy To Boost SME Development

    2019/10/16 15:50:00 0

    PolicySmall And Medium EnterprisesDevelopment

    The October issue of the economic reference daily is entitled "the new policy of central government to boost the development of small and medium-sized enterprises". The report is published in 8. The article said, "economic reference daily" reporter learned that the central authorities are coordinating efforts to raise small and medium-sized enterprises' support policies, among which enhancing their professional ability and innovative financing channels are becoming the focus of the new round of policy implementation.

    The scale of China's small and medium-sized enterprises is growing rapidly. Data show that in the first half of this year, the number of newly registered enterprises averaged 19 thousand and 400 per day, the vast majority of which were small and medium-sized enterprises. But the industry also pointed out that in the development of SMEs, there still exist some problems such as lack of professional ability, key technologies, and lack of automation. The contradiction between supply and demand of financing is still outstanding.

    In enhancing the competitiveness of small and medium-sized enterprises, in August this year, the fifth meeting of the central finance and Economic Committee made it clear that we should set up a common technology platform to solve the key technical problems of cross industry and cross domain, and cultivate a group of small and medium enterprises with special expertise. The reporter learned from the Ministry of industry and information technology that the next step is to further develop the action plan to promote the development of large and medium-sized enterprises, implement the intellectual property strategy of small and medium-sized enterprises, promote the engineering and information technology to promote the project, enhance the professional ability and level of SMEs, and strengthen the cultivation of the "small giant" enterprise.

    In the past month, new policies have been launched frequently, which urges the small and medium-sized enterprises to develop professionally and digitally. For example, Hunan recently put forward a reward for the state-level special new "small giant" enterprises to give a maximum of not more than 500 thousand yuan, and at the same time promote the cloud deployment of 10 thousand small and medium-sized business systems every year.

    Liu Xiangdong, deputy director of the Economic Research Department of China International Economic Exchange Center, told the economic reference daily that promoting the specialized development and transformation and upgrading of small and medium-sized enterprises will help them enhance their ability to resist risks in the context of increased external risks, and help consolidate and improve their market share and gradually grow bigger and stronger. The key areas of efforts include accelerating technological transformation and R & D design and improving the level of industrial chain.

    In terms of innovative financing channels, Shandong has proposed that a number of high growth enterprises, such as "special new special" and "invisible champions", should be selected into the training base for listing. The enterprises in Shanghai and Shenzhen's main board, medium and small board, gem and Chuang Chuang board will be given a maximum one-time subsidy of 2 million yuan. Jiangsu has clearly promoted the pledge of intellectual property rights of SMEs.

    Sai Di think tank research suggests that the next step is to break through the existing financing mode of SMEs, on the one hand, promote the application of digital finance, reduce the information asymmetry between banks and enterprises, and reduce the financing cost of enterprises; on the other hand, establish a coordinated development mechanism between national and local SMEs, build a resource sharing platform, and leverage social capital to focus on seed stage, start-up stage and growth oriented SMEs.

    It is reported that the Ministry of industry and Commerce next step will strengthen cooperation with financial institutions, expand the credit scale of small and micro enterprises, and carry out small and micro enterprises accounts receivable financing special action. At the same time, we should promote the establishment of a risk sharing mechanism for government, banking and enterprises to drive more social capital to support the development of SMEs in seed, start-up and growth stages.

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