China Financial Daily

August 19, 2009

Premier Wen Jiabao chaired a State Council executive meeting of the study and make arrangements for SME development

Filed under: Financial News — Tags: — lily @ 10:29 pm -0700

Premier Wen Jiabao chaired a State Council executive meeting of the study and make arrangements for SME development
19, Chinese Premier Wen Jiabao chaired a State Council executive meeting, study and plan for the development of SMEs, reviewed and approved in principle the “National Health Bill (Draft)” and “foreign enterprises or individuals in China set up a partnership approach to business management (Draft).”

It was noted that SMEs are China’s national economic and social development, an important force. Promotion of SMEs, is to maintain stable and rapid development of the national economy an important basis for the relationship between people’s livelihood and social stability is a major strategic task. By the international financial crisis, since the second half of SME production and management difficulties. The central authorities promptly introduced relevant policies and measures to increase taxation, credit and other support efforts to improve the business environment for SMEs, the SME production and operation of the positive changes, but the development of the situation remains grim. Need to take a more active and effective policies and measures to help SMEs overcome difficulties, changes in mode of development, to achieve sound and rapid development.

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