On the 12th, Ou Xinjun, deputy director of the National Development and Reform Commission, said that it is necessary to increase the support of public finances for small and medium-sized enterprises, rationally reduce the taxation of small and medium-sized enterprises, guide direct investment, broaden financing channels, and promote private investment growth.
Ou Xinyi said at the "China-France Small and Medium Enterprises Summit Forum" held at the 2nd China Expo on the 12th that in order to promote the development of SMEs, China will also promote the construction of SME credit guarantee system and effectively solve the demand for SMEs for development funds.
In addition, SMEs will be encouraged to “go global†and invest abroad.
Zhou Laizhen, deputy director of the Enterprise Department of the Ministry of Finance, also said at the same forum on the 12th that China will provide more comprehensive and strong support for the SMEs through the comprehensive application of financial support, tax incentives and government procurement.
He said that in terms of funds, the establishment of SME development funds, innovative support methods and management methods; in the tax policy, the full use of taxation means to enable all SMEs to obtain the fairest and most transparent incentives, China will be bad debts to financial enterprises The reserve tax deduction ratio is appropriately adjusted to encourage investment institutions and financial institutions to provide the financial services needed for SMEs. In government procurement, consider a certain proportion in government procurement, and ensure that SMEs obtain government by bidding. Order.
Chinese SMEs are playing an increasingly important role in promoting economic growth, expanding employment and promoting social development. At the end of 2004, there were more than 3.6 million SMEs registered with the administrative department for industry and commerce. The value of the final products and services created by SMEs accounts for 58.5% of GDP. 66% of China's patents are invented by SMEs, and more than 75% of urban employment opportunities are provided by SMEs.
Ou Xinyi said at the "China-France Small and Medium Enterprises Summit Forum" held at the 2nd China Expo on the 12th that in order to promote the development of SMEs, China will also promote the construction of SME credit guarantee system and effectively solve the demand for SMEs for development funds.
In addition, SMEs will be encouraged to “go global†and invest abroad.
Zhou Laizhen, deputy director of the Enterprise Department of the Ministry of Finance, also said at the same forum on the 12th that China will provide more comprehensive and strong support for the SMEs through the comprehensive application of financial support, tax incentives and government procurement.
He said that in terms of funds, the establishment of SME development funds, innovative support methods and management methods; in the tax policy, the full use of taxation means to enable all SMEs to obtain the fairest and most transparent incentives, China will be bad debts to financial enterprises The reserve tax deduction ratio is appropriately adjusted to encourage investment institutions and financial institutions to provide the financial services needed for SMEs. In government procurement, consider a certain proportion in government procurement, and ensure that SMEs obtain government by bidding. Order.
Chinese SMEs are playing an increasingly important role in promoting economic growth, expanding employment and promoting social development. At the end of 2004, there were more than 3.6 million SMEs registered with the administrative department for industry and commerce. The value of the final products and services created by SMEs accounts for 58.5% of GDP. 66% of China's patents are invented by SMEs, and more than 75% of urban employment opportunities are provided by SMEs.
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