China Can't Live Without SMEs, And It Can't Be Without SMEs In The Battery Industry

- Sep 20, 2018-

China can't live without SMEs, and it can't be without SMEs in the battery industry!


On August 20th, the State Council convened a working group meeting on promoting the development of small and medium-sized enterprises. The meeting listened to the overall development of small and medium-sized enterprises by the Ministry of Industry and Information Technology, and the National Federation of Industry and Commerce and the People’s Bank of China on issues such as financing difficulties for small and medium-sized enterprises and financing. The Ministry of Finance's report on the implementation of fiscal and tax support policies and the Ministry of Commerce on import and export.

This is the first meeting of the State Council to promote the development of small and medium-sized enterprises. The meeting put forward clear requirements: increase financial support, alleviate the problem of financing difficulties, expand direct financing channels for small and medium-sized enterprises, do a good job in tax reduction and exemption, financing guarantees, etc. The outstanding problems in the current development of SMEs.

The importance of SMEs

It is understood that this meeting is the first special meeting of the State Council on the development of small and medium-sized enterprises. It is also the first appearance since the adjustment of the leadership team in mid-June this year. Judging from the contents of this meeting, we not only clearly affirmed the contribution of SMEs to the national economy, but also emphasized the need to treat the state-owned and private economies equally, treat the SMEs equally, and set clear requirements for the high-quality development of SMEs.

SMEs are an important part of the national economy and play an important role in the national economic construction. The data shows that SMEs contribute more than 50% of tax revenue, more than 60% of GDP, more than 70% of technological innovation, more than 80% of urban labor employment, and more than 90% of enterprises. These data show that SMEs are a new force in national economic and social development, an important foundation for building a modern economic system and promoting high-quality economic development, and an important support for expanding employment and improving people's livelihood. Doing a good job in small and medium-sized enterprises is of great significance for implementing the requirements of the State Council and even enhancing the long-term competitiveness of China's economy.

Unprecedented support

Although SMEs occupy an important position in the development of the national economy, SMEs face severe development difficulties. The rising cost, fierce competition, and difficult financing are obstacles in the development of SMEs. As Sino-US trade disputes intensify, SMEs will also be affected, and their development will be difficult.

The fundamental purpose of this meeting of the State Council is to focus on creating a good environment for the development of small and medium-sized enterprises. It is understood that the meeting focused on solving the problem of financing difficulties for SMEs, and at the same time stressing the improvement of service quality and level, and protecting the innovation and research results of SMEs, it is not a developmental perspective to examine the difficulties encountered by SMEs. Very targeted and forward-looking.

In addition, the meeting also set clear requirements for the high quality development of SMEs. That is to say, "SMEs should adhere to the main business, build advantages, win by quality, standardize operations, be brave in innovation, and take the road of 'specialization and specialization' development."

China can't live without SMEs, and can't live without SMEs in the battery industry.

Industry determines the modernization of the national economy, providing raw materials, fuels and power to all sectors of the national economy, and providing industrial consumer goods for the people's material and cultural life. The battery industry is one of the basic industries. The application of batteries in the industry has become increasingly common, and almost all products in various industries have batteries.

At present, China's battery industry has many well-known enterprises, and even some large enterprises produce products that have reached or exceeded similar products in developed countries.

Therefore, only by fully activating the potential of small and medium-sized enterprises, especially the small and medium-sized battery companies, so that they can survive healthy and moist, they will be able to promote the development of the entire industry, and then drive the real and lively benign operation of the whole society.