How to better care for the lifeline of small and medium-sized private enterprises? After the release of the "31 Measures" by the central government, small and medium-sized enterprises | policies | lifelines

Release time:Apr 14, 2024 08:05 AM

The private economy has once again ushered in a policy spring. On July 19th, the Central Committee of the Communist Party of China and the State Council issued the "Opinions" on promoting the development and growth of the private economy, which opened up a new stage of development for the private economy with 31 measures. Whether it is "a new force of Chinese path to modernization" or "an important foundation for high-quality development", the clear positioning of the private economy given in the Opinions has inspired the market and boosted confidence. Ma Huateng, Lei Jun, Zhou Hongyi and other private entrepreneurs have made a sound response.

However, it should be noted that the majority of the private economy is not giants like Tencent, Xiaomi, and 360, but rather millions of small and medium-sized enterprises. Private economy and small and medium-sized enterprises are the main body of each other. More than 90% of private enterprises are small and medium-sized enterprises, while more than 90% of small and medium-sized enterprises are private enterprises. Encouraging the development of the private economy is particularly important in safeguarding the lifeline of small and medium-sized enterprises.

In recent years, the growth of the private economy has slowed down and expectations have weakened, which is closely related to the development difficulties faced by small and medium-sized enterprises. Small and medium-sized enterprises themselves have weak competitiveness and lack risk resistance mechanisms. Faced with economic fluctuations and market fluctuations, they have a strong sense of impact and may even face survival crises. It can be said that the pain of small and medium-sized enterprises is also the pain of the private economy.

When people talk about economic recovery, they always mention the term "market vitality". Small and medium-sized enterprises are the direct source of market vitality. Countless shops on the streets and factories in the suburbs hide the livelihoods of the people, the "fireworks" of urban development, and even the "capillaries" of economic activities. Small and medium-sized enterprises contribute 50% of tax revenue, over 60% of GDP, over 70% of technological innovation, and over 80% of urban labor employment to the country. Undoubtedly, they are an important force in improving people's livelihoods and promoting national economic development.

In the past period of time, the development of small and medium-sized enterprises has encountered many problems. Difficulties in financing, talent shortages, and insufficient innovation capabilities all further limit the development of small and medium-sized enterprises. In recent years, government departments have also continued to introduce a series of policies that benefit and assist enterprises, vigorously promoting the reform of "streamlining administration, delegating powers, and improving services", and increasing assistance to small and medium-sized enterprises. Local governments have also launched policy "combination punches" to alleviate the difficulties and worries of small and micro enterprises. But over time, the effectiveness of short-term relief measures has become limited, and promoting the development of small and medium-sized enterprises still needs to address more fundamental issues.

The release of the "Opinions" coincides with the timing, providing institutional guarantees for optimizing the development environment of small and medium-sized enterprises, especially in the areas of financing and property rights protection, and introducing more specific support measures, which is conducive to creating a more fair competitive environment for the development of small and medium-sized enterprises. Among them, "supporting eligible private small and medium-sized enterprises to raise funds in the bond market" and "establishing a long-term mechanism for preventing and resolving outstanding payments to small and medium-sized enterprises" all hit the current development pain points of small and medium-sized enterprises, helping them improve their operating cash flow and break through development difficulties.

In addition, the Opinion also specifically mentions the need to cultivate a group of specialized, refined, and innovative small and medium-sized enterprises, as well as small and medium-sized enterprise characteristic industrial clusters with strong innovation capabilities. Almost all large enterprises have developed from small and medium-sized enterprises, and specialized and innovative small and medium-sized enterprises are also an important force in promoting high-quality economic development. Small and medium-sized enterprises are the most innovative entities in the market. With the imagination and innovation ability of the people, industries can achieve faster upgrading and upgrading, promoting the transformation of new driving forces for economic development.

Of course, in reality, the unblocking of capillaries is not a one-time effort, and there are still many issues that need to be carefully considered in the assistance of small and medium-sized enterprises. Providing a fair and just development environment for private small and medium-sized enterprises is only the first step. The unique characteristics of small and medium-sized enterprises determine that their assistance processes and forms will inevitably differ from those of large enterprises. More targeted policies are urgently needed to be introduced. The most important thing is that only by truly starting from the perspective of small and medium-sized enterprises, understanding their characteristics, needs, and difficulties, can we create a good entrepreneurial and policy environment, and then drive a positive economic cycle of production, distribution, circulation, and consumption.

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