Ten departments including the Ministry of Industry and Information Technology announced the “15th Five-Year Plan to Promote the Development of Small and Medium Enterprises” on the 3rd. According to the plan, by 2030, the overall development volume and quality of China's small and medium-sized enterprises will rise sharply, the number of specialized and innovative “little giant” enterprises will reach 22,000, the number of national-level SME characteristic industrial clusters will reach 600, and diversified financing channels for small and medium-sized enterprises will be further expanded. Small and medium-sized enterprises are an important force in promoting innovation, promoting employment, and improving people's livelihood. Currently, strategic opportunities and risks and challenges coexist for the development of small and medium-sized enterprises. The plan aims to improve the cultivation of excellent enterprises, public services, legal and policy systems, strengthen production factors and environmental protection for development, fully stimulate the innovation, entrepreneurship and creative vitality and potential of small and medium-sized enterprises, and promote the specialized and innovative development of small and medium-sized enterprises.

Ten departments including the Ministry of Industry and Information Technology announced the “15th Five-Year Plan to Promote the Development of Small and Medium Enterprises” on the 3rd. According to the plan, by 2030, the overall development volume and quality of China's small and medium-sized enterprises will rise sharply, the number of specialized and innovative “little giant” enterprises will reach 22,000, the number of national-level SME characteristic industrial clusters will reach 600, and diversified financing channels for small and medium-sized enterprises will be further expanded. Small and medium-sized enterprises are an important force in promoting innovation, promoting employment, and improving people's livelihood. Currently, strategic opportunities and risks and challenges coexist for the development of small and medium-sized enterprises. The plan aims to improve the cultivation of excellent enterprises, public services, legal and policy systems, strengthen production factors and environmental protection for development, fully stimulate the innovation, entrepreneurship and creative vitality and potential of small and medium-sized enterprises, and promote the specialized and innovative development of small and medium-sized enterprises.