In 2023, the innovation ability of small and medium sized enterprises will be significantly enhanced

Mondo Finance Updated on 2024-02-01

The China Association of Small and Medium-sized Enterprises announced today (10th) that the China SME Development Index in December 2023 was 890, the index showed an upward trend throughout the year. According to the data, the development index of China's small and medium-sized enterprises in 2023 will be the highest at 896, the lowest is 889, a total increase of 11 point.

According to the survey of the China Association of Small and Medium-sized Enterprises, the support of the state's policies in 2023 has enhanced the confidence of small and medium-sized enterprises, and at the same time, small and medium-sized enterprises have generally increased the pace of scientific and technological innovation, transformation and upgrading, and strengthened their own strength.

The innovation ability of small and medium-sized enterprises has been significantly enhanced.

According to a survey by the China Association of Small and Medium-sized Enterprises, the innovation ability of small and medium-sized enterprises has generally been enhanced in 2023.

Xie Ji, Secretary-General of China Association of Small and Medium-sized Enterprises: The most obvious thing we feel is that the innovation ability of small and medium-sized enterprises has been enhanced, and through innovation, many small and medium-sized enterprises have achieved transformation and upgrading and improved performance. Medium-sized enterprises have taken the lead in recovering employment and confidence as they become more innovative.

According to the data of the Ministry of Industry and Information Technology, at present, China has cultivated a total of 120,000 and 10,000 specialized, special and new small and medium-sized enterprises30,000, in addition to 21 innovative small and medium-sized enterprises50,000.

Statistics from the China Association of Small and Medium-sized Enterprises also show that in 2023, China will introduce more than 100 policies and measures to support the development of the private economy, involving finance, finance, optimizing the business environment, and reducing the cost of water and electricity.

Xie Ji, Secretary-General of China Association of Small and Medium-sized Enterprises: Our survey shows that most small and medium-sized enterprises have enjoyed tax reduction and exemption policies, and in addition, policies such as optimizing the business environment for private enterprises and financial support for inclusive small and micro enterprises have achieved obvious results, which have been widely welcomed by enterprises.

According to the latest data from the State Administration of Taxation, in the implementation of various tax and fee reduction measures, micro, small and medium-sized enterprises have benefited the most. In the first 11 months of last year, small and medium-sized enterprises accounted for 61 of the total new tax and fee reductions and tax refunds and deferrals8%。

According to data from the State Administration of Financial Regulation, the average annual growth rate of inclusive small and micro enterprise loans nationwide in the past five years has been 25%, and the increase in inclusive small and micro enterprise loans issued in the first three quarters of 2023 has exceeded the increase in the whole of 2022.

Support for small and medium-sized enterprises should continue to be increased this year.

A survey by the China Association of Small and Medium-sized Enterprises also shows that in the process of recovery last year, small and medium-sized enterprises also faced various difficulties such as intensified competition and rising costs. Therefore, this year, we should further implement the support policies for small and medium-sized enterprises and promote the healthy development of small and medium-sized enterprises.

According to a survey by the China Association of Small and Medium-sized Enterprises, although the overall upward trend was recovered last year, the ability of small and medium-sized enterprises to cope with market shocks is still weak due to their small scale.

Xie Ji, Secretary-General of China Association of Small and Medium-sized Enterprises: The main problems reflected by enterprises are that the market is recovering slowly, competition is more intense, and the labor costs of most enterprises are rising.

According to the survey, nearly half of the costs of small and medium-sized enterprises increased last year, and more than half of the small and medium-sized enterprises saw a decrease in operating income.

Xie Ji believes that this year, we should further implement the existing support policies, further reduce the burden on small and medium-sized enterprises, and provide a better business environment for enterprises. At the same time, we should give full play to the role of the market mechanism, broaden the space for private investment, improve the public service system for small and medium-sized enterprises, smooth the communication channels between government and enterprises, solve problems for enterprises, and promote the healthy development of small and medium-sized enterprises.

Xie Ji, Secretary-General of the China Association of Small and Medium-sized Enterprises: Although there are many difficulties for small, medium and micro enterprises, the main indicators are gradually showing a recovery trend, and the confidence and other indicators in the index have improved. With the gradual implementation of a series of policies to promote the development of small and medium-sized enterprises, the high-quality development of small and medium-sized enterprises will be accelerated.

CCTV reporter Wang Lei Du Leiming).

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