Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    New regulations to bolster smaller businesses

    By Ren Xiaojin | China Daily | Updated: 2019-06-29 15:22
    Share
    Share - WeChat
    Staff work on the production line of an agricultural machinery manufacturer in Ningjing county, Hebei province, on May 22. [Photo/Xinhua]

    Chinese regulators will further support small-and medium-sized enterprises with new rules to optimize their business environment, government officials said on Friday.

    Over one year since the amended law on the promotion of SMEs was implemented, various departments of the Chinese government reported steady progress and outlined the emphasis of future work during a special enquiry meeting of the Standing Committee of the 13th National People's Congress held on Friday.

    Lin Nianxiu, deputy director of the National Development and Reform Commission, said the NDRC has been drafting regulations to optimize the business environment and they will be implemented by the end of September.

    "Certain industries still have a high barrier for entry, and some government officials have transferred their functions to related institutions," Lin said. "Some agencies have been using their administrative resources to set up new barriers (for market entry) and charge a high fee."

    Xiao Yaqing, head of the State Administration for Market Regulation, also addressed the issue of market entry for SMEs, saying the department will put more effort in preventing misdeeds from government, industrial associations, or other agencies.

    He said by the end of May, there were 115 million business entities in the Chinese market. "The SMEs accounted for over 90 percent of them. Thus we realized that promoting the development of SMEs has a profound significance on the growth of the market economy," he said.

    In April, the State Council issued a guidance to provide support to SMEs from the policymaking perspective, which should stimulate the vitality of the SMEs, said State Councilor Wang Yong.

    "We need to lower the cost burden of SMEs including cutting taxes through tax reform on a larger scale, such as lowering the value-added tax," Wang said. "We also need to give more favorable tax-cut policies for SMEs and raise the value-added tax's threshold for small-scale taxpayers."

    Zhang Yong, a member of the Standing Committee of the 13th NPC, said SMEs are the largest community with the biggest vitality in the country's economy. " (SMEs) are a significant driver for the economy and stabilizer for its development," he said. "After decades of development, the SMEs are facing a historical stage of industrial upgrading, while also hitting some bottlenecks such as high cost and difficulty in financing."

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    久久中文字幕一区二区| 无码超乳爆乳中文字幕久久| 人妻无码αv中文字幕久久| 无码日韩精品一区二区三区免费 | 国产成人精品一区二区三区无码 | 亚洲人成无码网WWW| 熟妇无码乱子成人精品| 亚洲日本中文字幕天堂网| 中文字幕热久久久久久久| AV大片在线无码永久免费| 精品国产aⅴ无码一区二区 | 日韩人妻无码精品专区| 精品久久久久久无码中文字幕一区| 97免费人妻无码视频| 日日摸日日踫夜夜爽无码| 中文无码vs无码人妻| 狠狠精品干练久久久无码中文字幕| 中文字字幕在线中文乱码不卡| 999久久久无码国产精品| 久久久久亚洲Av无码专| 无码人妻精品一区二区三区99仓本| 无码夫の前で人妻を侵犯| 中文字幕在线观看日本| 制服丝袜人妻中文字幕在线| 亚洲gv天堂无码男同在线观看 | 中文无码vs无码人妻 | 国产 日韩 中文字幕 制服| 国产亚洲情侣一区二区无码AV | 中文无码喷潮在线播放| 无码人妻精品一区二区三区99不卡 | 变态SM天堂无码专区| 无码精品黑人一区二区三区| 亚洲av无码一区二区三区网站| 最新中文字幕av无码专区 | 日韩一区二区三区无码影院| 色AV永久无码影院AV| 国产在线精品无码二区| 精品亚洲成α人无码成α在线观看 | 在线观看免费无码专区| 无码永久免费AV网站| 国产a级理论片无码老男人|