Research on the Development and Countermeasures of China SMEs - Focusing on Jiangsu Province-
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At present, the small and medium enterprises (SMEs) have become the important parts in the economy of China, and effect the improvement of economic growth, employment level, and so on. The SMEs have made great contributions to increasing employment, rising residents' income, creating tax revenue, and promoting technological innovation. It will help china's economic transformation and quality improvement, from high-speed growth to high-efficiency and high-quality growth, from “made in China” to “created in China”. However, these enterprises have limited their rapid development due to their own vulnerability, such as small size and weak ability to resist market risks. As a large economic province, SMEs in Jiangsu has been walking in the forefront of the nation. This paper will analyze the development status of SMEs in Jiangsu Province to find out the problems and difficulties, then proposing countermeasures and promoting the sound development of them.
Abstract
At present, the small and medium enterprises (SMEs) have become the important parts in the economy of China, and effect the improvement of economic growth, employment level, and so on. The SMEs have made great contributions to increasing employment, rising residents' income, creating tax revenue, and promoting technological innovation. It will help china's economic transformation and quality improvement, from high-speed growth to high-efficiency and high-quality growth, from “made in China” to “created in China”. However, these enterprises have limited their rapid development due to their own vulnerability, such as small size and weak ability to resist market risks. As a large economic province, SMEs in Jiangsu has been walking in the forefront of the nation. This paper will analyze the development status of SMEs in Jiangsu Province to find out the problems and difficulties, then proposing countermeasures and promoting the sound development of them.
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