From the “predicament” to “enhance” the central force again to support small and micro enterprises Premier Wen Jiabao chaired a State Council executive meeting, and further support the introduction of the healthy development of small micro-enterprise policies and measures. This is the second October 12, 2011 the State Council executive meeting to support the introduction of small micro-enterprise tax policy measures and financial support of another policy. “Last year, the State Council executive meeting with the policies and measures mainly to alleviate the financing and development of small micro-enterprises of different difficulty, 1 held a State Council executive meeting was mainly focused to enhance the ability of small micro-enterprise development.” State Council Development Research Center of Industrial Economics Research Department Minister Feng evening February 1 interview with China Economic Times said. The meeting noted that the small micro-enterprises is to provide new jobs in the main channel, is the main platform for the growth of entrepreneurship, technological innovation is an important force. Support the healthy development of small micro-enterprises, for our economy to overcome the international financial crisis and maintain stable and rapid development of strategic importance. According to the National Federation of statistics, although in recent years, countries have introduced policies to ease the private enterprises, especially small and micro enterprise tax burden, but as of the end of 2011, levy administrative fees for small and medium enterprises sector is still 18, involving charges of up to 69 categories. “High taxes, more taxes, some small micro-enterprise tax is higher than the total net profit, there is double taxation of individual taxes set phenomenon, arbitrary.” At a recent analysis of China’s private economic development situation at the Central United Front Work Department Deputy Minister, First Deputy Chairman Quan Zhezhu National Federation said, “In recent years, the State Council issued a series of policy measures to achieve positive results, but this small micro-business pressure, rising costs, financing difficulties and other issues are still outstanding , we must further strengthen their support. ” The State Council executive meeting proposed support measures including: a support to improve fiscal policy. Special funds for SMEs to expand the size of the central government allocated 15 billion yuan to establish SME Development Fund, primarily to support start-up small micro enterprises. A certain proportion of government procurement arrangements specifically for small and micro enterprises. Small micro-enterprises within three years of exemption from part of the management class, registration and license class of administrative fees. VAT accelerate business tax reform pilot, complete structural tax cuts. Second, we must strive to ease the financing difficulties. Establishment of small business credit and bonus system. Support eligible commercial banks to issue a special micro-enterprise loans for small financial bonds. Accelerate the development of small financial institutions, and appropriate relaxation of private capital, foreign equity funds and international organizations to establish the conditions for small financial institutions, small loan companies to relax the restrictions on single investor ownership, small loan companies eligible for the rural banks can be restructured. Support for public financing of small micro-enterprises. Continue to meet the requirements of the SME credit guarantee institutions exempted from business tax. Development of long-term arrears to prevent big business money small business policies and measures. Third, we must accelerate technological innovation and improve the level of equipment to enhance innovation capability. Central government funding to expand the scale of transformation, focusing on small and micro enterprise application of new technologies, new processes, new equipment. Improve the R & D costs plus the net income tax policy, to support technological innovation. Encourage qualified small micro enterprises to participate in key industrial technology research and development of common, national and local technology programs and standards. Implementation of the founder of a small business plan, nurture and support the 3000 small business entrepreneurial base. Fourth, strengthen services and management. Establishment and improvement of public service platform for SMEs in 4000. Support small and micro enterprises to participate in international exhibitions and trade shows activities for eligible enterprises to facilitate the clearance of measures to simplify procedures for domestic sales of processing trade. For small and micro enterprises recruit college graduates to give training costs and social insurance subsidies. Establish and improve the statistics of small micro-enterprise surveys, analysis and regular monitoring of publishing systems. Accelerate the pace of credit system, to promote enterprise credit information collecting and credit rating evaluation. Implementation of corporate safety and product quality of the main responsibility to enhance the small micro-enterprise management. “Compared to last year, the conference policy to support the introduction of more comprehensive, more targeted, but also more feasible.” Feng of the China Economic Times said the meeting was not established comprehensive policies and measures to support small and micro relief measures to save the enterprise, but to solve a number of policy barriers, promotion of small micro-enterprise development services to enhance the policy. Feng suggested that the policy implementation process, localities should pay more attention to science and technology to support small and micro enterprises, small and micro enterprises to accelerate the transformation and upgrading.