Relax market access

In accordance with the principle of "no entry and no entry", all industries and areas where laws and regulations are not prohibited shall be open to small and medium-sized enterprises and private capital, and no unit may set up additional conditions.

Encourage individuals or legal persons to set up small and medium-sized enterprises in accordance with the law according to their intangible assets such as industrial property rights and non patented technology.

The initial contribution of an investor to a company can be assessed in terms of money, such as physical property, intellectual property rights and land use rights, and can be funded by non monetary assets pferred.

The limited period of registered capital and Limited by Share Ltd can be extended for one year after the consent of all shareholders and the application of the company.

Expanding investment

We should encourage and support private capital in the fields of basic industries and infrastructure, municipal public utilities and social undertakings, financial services and business circulation, and defense science and technology industries.

Encourage and support private enterprises to participate in the restructuring and reorganization of state-owned enterprises through participation, holding and asset acquisition, and support private capital to establish mixed ownership enterprises through joint venture and cooperation.

We should set up a number of private investment companies, set up a private investment service system, strengthen services and guidance, and create a favorable environment for private investment.

Increase financial and tax support

We should further increase financial support and expand the scale of special funds for small and medium enterprises development every year to promote SMEs' business counseling, credit guarantee, optimization of structure, technological pformation, technological innovation, coordination, cluster development and personnel training.

Through the form of discount and guarantee, we can give play to the guidance and leveraging of financial funds.

Small and small profit enterprises that meet the requirements shall be subject to enterprise income tax at a reduced tax rate of 20%. If small and medium-sized enterprises have difficulties in paying the urban land use tax, they may apply for reduction or exemption according to law. If small and medium-sized enterprises fail to pay taxes on time due to special difficulties, they may be deferred within three months according to law.

We should expand credit support, accelerate the development of financial services institutions for SMEs, continue to promote the construction of SME credit guarantee system, and support small and medium enterprises to develop the market.