China: Supportive Measures to SMEs amid NCP Outbreak
Affected by the outbreak of novel coronavirus, most of SMEs are in trouble with the problems, such as the difficulties in employment, shortage of finance and excessive...
Easing Burdens
Tax incentivesSocial security premium incentivesReducing rentsWaiving administrative fees
Increasing Financial Support
Stabilize loans for enterprises.Streamline processes and reduce costs. Innovate financial products and services. Provide differentiated financial services.
Stabilizing Employment
Refunding unemployment insurance premiums.Reduce recruitment costs. Subsidize the training.Solve the difficulties in resuming work.
Optimizing Business Services
Upgrade the government digital services.Establish a list of key SMEs for epidemic prevention and control. Make full use of SME public service platforms. Strengthen...
Support Business Development
Reduce operating costs. Encourage SMEs more involved in public procurement. Sustain the export business of SMEs. Encourage large enterprises to cooperate with SMEs.
Enhancing Innovation and Entrepreneurship
Encourage SMEs to engage in the innovation of technologies and products related to epidemic prevention and control. Cultivate enterprises in new technologies, new models...