China International SME Fair optimizes public services and innovative support to revive business of SMEs

General Press Releases Thursday March 26, 2020 13:19
GUANGZHOU China--26 Mar--Xinhua-AsiaNet/InfoQuest

The COVID-19 epidemic outbreak has thrown inevitably big shocks to the economy, putting a damper on business for many small and medium-sized enterprises (SMEs). Over the past month, China has introduced a raft of 800 support policies at the national and local levels, including reducing the burden on enterprises, increasing financial support, increasing fiscal and tax subsidies, supporting stable employment and optimizing government services, to ease the impact of the epidemic on Chinese enterprises and global economic supply chains.

On Mar. 19, the Ministry of Industry and Information Technology of China implemented an action plan to boost the revival of SMEs through digitalized solutions. The plan emphasizes the use of information technology and digital tools to help the SMEs to increase prevention and control of epidemics, and to resume production and operations as soon as possible.

China International SME Fair (CISMEF), which has been held for 16 consecutive years, is an active participant in this action plan. As an important service platform to promote exchanges and cooperation between SMEs in China and over the world, CISMEF takes the lead in responding to the impact of the epidemic by optimizing digital services to enterprises. The platform "Exhibition Online" launched last year is extending the traditional convention and exhibition mode, assisting SMEs to continue to expand the market through e-commerce, big data, cloud computing and other digital technologies.

"We are building a communication, exchange and matchmaking platform for participating enterprises, and cooperating with well-known e-commerce enterprises to set up a special zone to promote the products of SMEs to Chinese and foreign buyers. The online platform has also added columns such as 'Fighting against COVID-19', 'Voices from SMEs', and 'Guidelines to resume work and operation'. We hope to help SMEs at home and abroad cope with the crisis with these useful attempts," said Wu Hong, deputy director of the Organizing Committee Secretariat of CISMEF.

The industrial Internet exhibition will play an important role in CISMEF of this year. At present, a number of industrial clusters in digital transformation complex, industrial Internet benchmark enterprises, new-generation information technology service providers, and intelligent system equipment vendors are participating in this exhibition, which will meet the development needs of telecommuting, digitization, and popularization of industrial Internet.

Recently, as the epidemic situation of COVID-19 in China is getting better, SMEs are resuming work and production gradually. With the help of service platforms such as CISMEF, China actively supports SMEs to beef up the steady and healthy development of the economy, which will release a positive signal to the world.

Source: The Organizing Committee Secretariat of CISMEF
AsiaNet 83448

Latest Press Release

CGTN: Remembering the medical professionals we've lost to coronavirus

The unknown, relentless novel coronavirus has so far deprived thousands of people of their beloved family members in China. Parting ways doesn't mean parting forever. CGTN explores in detail the lives of those who have died from the coronavirus since the...

ABG Organizing Committee visits medical staff back to Hainan from Hubei giving 248 mascot Yaya dolls as gifts to the heroes combating COVID-19

On the morning of April 2, Ye Kaizhong, Deputy Secretary General of the Organizing Committee of the 6th Asian Beach Games 2020 (ABG) and Deputy Secretary General of Sanya Municipal Government, visited the representatives of the first and fourth groups of...

Honda Khiang Khang Thai Fund, Together with the Honda Group of Companies Producing Negative Pressure Mobile Beds to Hospitals in Thailand

The Honda Khiang Khang Thai (HKKT) Fund, under the Honda Thailand Foundation, in cooperation with the Honda group of companies in Thailand, is helping the country to get through this difficult time by providing medical equipment worth 40 million baht to...

World Water Week 2020 is Cancelled Due to COVID-19

World Water Week assembles over 500 co-convening organizations and 4,000 participants from more than 130 countries in Stockholm every year. This world-leading conference on water is now cancelled due to the global spread of COVID-19 and the measures...

HUAWEI CLOUD: Fighting COVID-19 with Technology

HUAWEI CLOUD announced today that they launched a global action plan to help customers around the world to fight COVID-19 with cloud and AI services. As part of this international action plan against the coronavirus, HUAWEI CLOUD will be providing free...

Related Topics