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Chongqing company to spur SME development

Updated: 2018-07-21

Chongqing company to spur SME development's logo at its headquarters in Liangjiang New Area, Southwest China's Chongqing, on June 29 [Photo/]

Liangjiang-based outsourcing service provider will support the development of small and medium-sized enterprises (SMEs) in 60 cities around China, local media reported on June 29.

SMEs are playing an increasingly important role as the economy grows stronger.

According to preliminary statistics, small and medium-sized enterprises account for up to 99 percent of China's home-grown enterprises, having filed more than 70 percent of patents and created over 80 percent of new jobs.

"SMEs provide enormous opportunities for ambitious youngsters and are an important barometer reflecting the vitality and prosperity of our country's economy," said a director at

"For that reason, creating sustainable growth for SMEs is crucial to the development of industry and society" he claimed.'s three-step empowerment strategy will be carried out simultaneously in many economic and industry centers, including Nanjing, Changsha, Nanning and Shenyang.

In collaboration with regional governments, the company will celebrate a "SME Holiday" on August 8 every year, when a variety of incubation services and supportive policies will cater to the urgent needs of developing enterprises.

Incubation community Z-clubs will be established in the aforementioned cities to promote cooperation among local enterprises, social groups and research institutes, bolstering regional development.

Additionally, encourages all SMEs to download its "enterprise butler", an independently-developed application that can offer valuable tips on the potential troubles a company may encounter.


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