Research on Small and Medium-Sized Enterprises Promoting Policy
In China, SMEs play a vital role in the economy, and the degree of fiscal policy supporting influence development of SMEs. By learning from foreign experiences, government should design the fiscal policies necessary in order to promote SMEs. On the other hand, survey indicates that SMEs confront several problems. For instance, financing difficulties, heavier tax burden, inability of scientific and technological innovation, and the lower degree of SMEs cluster. The gap between State-owned Enterprise and SMEs will be increased without government support. Therefore, this paper aims to find the problems and propose to implement the necessary fiscal policy through investigating the financing of SMEs.
KeywordsSmall and medium-sized enterprises Policy Financing Innovation
Key subjects of Hunan Province-Regional Economics.
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