Small business will get a hand

Updated: 2011-08-31 20:34

By Chen Yingqun (chinadaily.com.cn)

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China will take measures to support the development of small and medium-sized businesses, as the State Council, or cabinet, is due to discuss the matter this month, Shanghai Securities News reported.

The proposal for such measures was revealed at a conference in Chengdu, in southwestern Sichuan province, where 800 representatives of industrial and commercial concerns and governments have been discussing how to develop small and medium-sized businesses.

Gu Shengzu, a member of the Standing Committee of the National People's Congress, said 60 to 70 percent of small and medium-sized businesses faced a battle to survive.