Shanghai to amend regulations for promotion of SMEs

Shanghai held the 21st Session of the Standing Committee of the 15th National People’s Congress to review the Regulations of Shanghai Municipality on Promoting the Development of Small and Medium-sized Enterprises (Revised Draft).

Shanghai held the 21st Session of the Standing Committee of the 15th National People’s Congress to review the Regulations of Shanghai Municipality on Promoting the Development of Small and Medium-sized Enterprises (Revised Draft).

The regulations will be revised for the purpose of enhancing the status of small and medium-sized enterprises, clarifying the responsibilities of government functional departments, increasing financial and taxation and financing support, guiding small and medium-sized enterprises to participate in national strategies, promoting the integration and development of large and small-sized enterprises, and strengthening intellectual property protection, etc.

It will play a special role in promoting the steady development of small and medium-sized enterprises and further enhancing the sense of satisfaction of small and medium-sized enterprises.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/10/shanghai-to-amend-regulations-for-promotion-of-smes/.

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