The Ministry of Industry and Information Technology of China issued a notice yesterday, stressing the strengthening of services in promoting the resumption of work for small and medium-sized companies in the country.
The notice issued called on local authorities to encourage creativity in small and medium-sized companies, and to help them expand the market share and provide better services to these companies.
More efforts will be made to facilitate the transfer of research and development achievements, enhance project implementation and capital connectivity, build platforms to link demand and supply in industry chains, and achieve supply-demand communication for production plants.
Small and medium-sized companies will be directed and guided to expand their sales channels with the help of e-commerce, new media platforms and direct broadcasts, while flexible marketing and investment promotion activities will be organized to enhance the market development of the mentioned companies.
Smart manufacturing services will also be strengthened to help companies accelerate digital transformation, as well as support and enhance finance, employment, legal and administrative assistance.
The notice also called for meticulously fulfilling the demands of small and medium-sized companies with support from information technology such as big data, cloud computing, artificial intelligence and 5G 5G communications technology.