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14 January 2022 13:37

China to cultivate 200,000 new high-tech SMEs by end of 2025

China to cultivate 200,000 new high-tech SMEs by end of 2025

More than 200,000 new high-tech small and medium-sized enterprises (SMEs) will be cultivated by the end of 2025 as China strives to foster a favorable environment for the growth of such firms, according to a notice recently issued by the Ministry of Science and Technology, as reported by Xinhua News Agency, a partner of TV BRICS.

China will, in particular, boost the development of innovative sci-tech SMEs featuring key technologies, research personnel, high-value intellectual property rights, and high research input, according to the notice.

More efforts will be made to support high-tech SMEs to generate innovation as well as introduce domestic and global talents by optimizing related policies and injecting diverse resources, the notice added.

Photo: Xinhua News Agency




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