China keeps an eye on SME wellbeing amid epidemic

0 Comment(s)Print E-mail Xinhua, February 9, 2020
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China is paying close attention to the situation of small and medium-sized enterprises (SMEs) amid the ongoing epidemic as the country seeks to keep economic growth stable.

Official and private surveys have been launched in China to learn about the impact on small and medium-sized firms.

The Ministry of Industry and Information Technology has initiated an online survey on SMEs, while many similar surveys by think tanks, firms and media organizations are now being taken on China's popular social media platforms, covering a wide range of sectors.

These surveys are likely to serve the development of targeted supportive policies for firms affected by the epidemic.

Central authorities and local governments have introduced an array of measures such as offering credit support to cushion the epidemic's impact on SMEs.

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