Measures designed to assist SMEs

The central treasury is implementing six measures this year to help small- and medium- sized enterprises (SMEs) meet the challenges they face, according to the Ministry of Finance.

The ministry will earmark 3.51 billion yuan worth of special funds to help the growth of SMEs, it announced earlier this month. The measures include:

Guiding SMEs to adjust their growth model. SMEs have been encouraged to adjust their corporate structure, save energy, cut emissions and further explore the domestic and overseas markets. The public service system for SMEs has also received a boost.