China to Roll Out More Support for SMEs

China will roll out targeted measures to help small and medium-sized enterprises (SMEs) tide over difficulties, a senior official with the Ministry of Finance said Tuesday.

SMEs play an irreplaceable role in increasing employment, improving people’s livelihood and promoting entrepreneurship and innovation, Yu Weiping, finance vice-minister, told a press conference.

Read the full report: Xinhua

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.