Interpret the two sessions hot spot PCB small and medium-sized enterprises to take advantage of new opportunities

- Sep 01, 2018-

On the eve of the National People's Congress and the Chinese people's political consultative conference, various industries have been paying close attention to hot issues such as expanding domestic demand and transforming economic development model, expanding private investment and maintaining sustainable economic growth, maintaining employment and people's livelihood, and supporting the development of small and medium-sized enterprises, innovation and entrepreneurship, and financial system reform.At present, it seems that with the sharp increase of employment pressure, there will be new opportunities for the state to pay attention to and support small and medium-sized enterprises. PCB small and medium-sized enterprises may take the opportunity to adjust their industrial structure and face up to the trend.

Employment is the foundation of people's livelihood.After the outbreak of the financial crisis, the large number of private small and medium-sized enterprises in the eastern coastal areas bore the brunt, while the small and medium-sized enterprises, accounting for more than 80% of PCB enterprises, were even more struggling, which brought severe challenges to China's employment situation.In 2009, the government took various measures to ensure employment and achieved remarkable results, and all the targets for employment in 2009 were exceeded.At present, entering the New Year, China's overall employment situation is still not optimistic, requiring the government to take strong measures to actively respond.

As an important part of China's economy, small and medium-sized enterprises (smes) are playing an increasingly important role in boosting the economy, promoting growth, increasing employment, expanding exports and promoting innovation.In particular, it has solved nearly 80% of urban employment in China and become the main channel to expand employment.The current employment situation in China is still not optimistic.Entrepreneurship is the source of employment. To alleviate the current employment pressure, we need to encourage entrepreneurship and vigorously develop small and medium-sized enterprises.The active development of small and medium-sized enterprises is conducive to expanding employment and enhancing residents' consumption capacity, stimulating private investment and strengthening the endogenous driving force of economic growth, so as to build a domestic demand-led and consumption-supported economic development model in China.

In the past year, suffered most small and medium-sized private enterprises in our country, from the youngest, small and medium-sized enterprises of small and micro enterprises, start-up is the vulnerable groups in urban economy, they face the high threshold, difficulty in financing and heavy burden of three "persistent ailment", these problems displays in: one is high threshold, including startup and market access threshold.According to the baineng survey, 72 of the more than 80 industries in the whole society allow state capital to enter, 62 of which allow foreign capital to enter, while only 41 of which allow private capital to enter.Second, financing is difficult.Due to the unsound financing system, China's small and medium-sized enterprises direct financing channels are not smooth;In terms of indirect financing, private smes are discriminated against by Banks and other financial institutions.Third, heavy burden.The first is the heavy tax burden.Data show that from January to August 2009, the profit and tax revenue of China's small and medium-sized industrial enterprises above scale increased by 1.6% and 10.4% year on year, respectively, and the tax growth greatly exceeded the profit growth.At the same time, excessive arbitrary charges and fines increase the non-tax burden of smes.Second, funding costs are high.

According to market analysts at baineng, to ease employment pressure and change the development model in the post-crisis era, China must optimize the environment for the development of small and medium-sized enterprises, encourage residents to start businesses to boost employment, and maintain the vitality and vitality of the vast number of small and medium-sized enterprises.To be specific, first, we need to lower the threshold for starting a business and allow small and medium-sized enterprises to grow rapidly.Second, we need to vigorously develop policy-based finance, build a multi-tiered financial system, liberalize the market access of private capital to finance, and ease the financing difficulties of small and medium-sized enterprises.Third, we need to build a fiscal and tax policy support system for small and medium-sized enterprises. Through tax cuts, fee reductions and interest subsidies, we will implement the policy of "giving more and taking less" to alleviate the burden on small and medium-sized enterprises.