Zhu Hong, chief engineer and spokesperson of the Ministry of Industry and Information Technology, said on the 3rd that it encourages qualified SMEs to adopt various forms of overseas investment and mergers and acquisitions, acquire brands or establish trade entities and technology research and development institutions.
He said that the SMEs are encouraged to open up domestic and foreign markets. The Ministry of Industry and Information Technology has introduced some support policies, including setting up international market development funds for SMEs, building a cooperation platform for SMEs, increasing the export tax rebate rate and improving the market competitiveness of SMEs. In the next step, the Ministry of Industry and Information Technology will increase support for special funds for SMEs and funds for technological transformation.
In response to the difficulties of financing for SMEs, Zhu Hongren pointed out that the government is taking a number of measures to improve the financing situation of SMEs, including encouraging financial institutions to carry out pilot projects for SME loan securitization, and launching regional SME property rights trading market pilots. Measures such as issuing bonds.
In addition, Zhu Hongren revealed that government procurement will give SMEs more opportunities. Zhu Hong said that the Ministry of Finance and the Ministry of Industry and Information Technology are formulating a government procurement management approach for small and medium-sized enterprises. In the procurement policy, procurement threshold, and procurement contract, the interests of small and medium-sized enterprises should be fully considered, giving them more opportunities and increasing government procurement. The promotion, training and services enable more SMEs to understand and participate in government procurement.
He said that the SMEs are encouraged to open up domestic and foreign markets. The Ministry of Industry and Information Technology has introduced some support policies, including setting up international market development funds for SMEs, building a cooperation platform for SMEs, increasing the export tax rebate rate and improving the market competitiveness of SMEs. In the next step, the Ministry of Industry and Information Technology will increase support for special funds for SMEs and funds for technological transformation.
In response to the difficulties of financing for SMEs, Zhu Hongren pointed out that the government is taking a number of measures to improve the financing situation of SMEs, including encouraging financial institutions to carry out pilot projects for SME loan securitization, and launching regional SME property rights trading market pilots. Measures such as issuing bonds.
In addition, Zhu Hongren revealed that government procurement will give SMEs more opportunities. Zhu Hong said that the Ministry of Finance and the Ministry of Industry and Information Technology are formulating a government procurement management approach for small and medium-sized enterprises. In the procurement policy, procurement threshold, and procurement contract, the interests of small and medium-sized enterprises should be fully considered, giving them more opportunities and increasing government procurement. The promotion, training and services enable more SMEs to understand and participate in government procurement.
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