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August 19, 2009

China’s government procurement will be developed specific measures to support SME development

Filed under: Financial News — Tags: — lily @ 10:30 pm -0700

China’s government procurement will be developed specific measures to support SME development
Network news, according to the Chinese government, Chinese Premier Wen Jiabao chaired a State Council on the 19th executive meeting, study and plan for the development of SMEs. The Meeting noted that government procurement will be developed specific measures to support SME development.

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.

The Council claims that by the international financial crisis, since the second half last year, China’s difficulties in production and operation of SMEs. 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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