Latest News:  
Beijing   Sunny    4 / -8   City Forecast

People's Daily Online>>China Business

Chinese SMEs won’t see widespread collapse in 2012

(People's Daily)

10:34, February 09, 2012

Edited and translated by People's Daily Online

Chinese tiny businesses won’t see widespread collapse or fracture of their capital chains. China’s small firms will advance against the difficulties and make steady progress, said Zhu Hongren, general engineer of Chinese Ministry of Industry and Information Technology, at a press conference recently.

Since 2011, China has strengthened support to small and medium-sized enterprises (SMEs). In 2012, China will focus on the development of innovative, entrepreneurial and labor-intensive companies, Zhu said.

How to make better growth and how to realize transformation and upgrade are the two outstanding issues that trouble the SMEs. He said that China will invest more than 3 billion yuan to support SMEs’ technological renovation in 2012.

China also plans to give SMEs more supports through public service. “We plan to establish a complete service system for SMEs during the 12th Five Year Plan period. At the same time, the governments at all levels will make a joint effort to build employment bases for SMEs.”

Email|Print|Comments(Editor:马茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Third art work exhibition of college students

  2. Entrance examination at Beijing Film Academy

  3. South Korea holds annual military winter drill

  4. Breaking ice for harbor seals in Yantai

Most Popular

Opinions

  1. Why China vetoes UN draft resolution for Syria issue
  2. Syria becomes focus of struggle among big powers
  3. Preventing UNSC from becoming a rubber stamp
  4. Drums of war beating again in Middle East
  5. American society at crossroads
  6. Values are thin excuses to start new wars
  7. Li Ning to lower costs, improve effeciency
  8. EU cannot act as sole toll bearer of the skies
  9. Avoiding civil war in Syria
  10. Trade essential for growth

What's happening in China

Central bank: No cats on 100-yuan note

  1. Water OK after leak from cargo ship
  2. Micro blog policy unclear for overseas users
  3. Sandy weather strands 600 at Lhasa airport
  4. Buddhist temple offers e-blessing service
  5. Public asked to name model police officers

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai