Warm Sunshine Policy "shines" Sinopec Sme
HC Chemical Network Information, SMEs in China Oil And Chemical industry An important force for development of the industry. According to China Petroleum and Chemical Industry Association data, as of the end of 2009, the national oil and chemical industries a total of 34,278 small and medium scale, accounting for 99% of the total number of industries and enterprises; Sell Revenue of 4.06 trillion yuan, accounting for industry 61.5% of total sales. SME development is to keep the oil and chemical industry an important basis for stable and rapid growth.
However, financing difficulties, the product structure is irrational, not standardized, the issue has long plagued the healthy development of SMEs in petrochemical. Especially in international Financial crisis Under the impact of a large number of small and medium enterprises in difficulties. Timely and relevant Chinese government introduced measures to increase taxation, credit and other support efforts to play a positive role, but the survival of SMEs, the situation is still grim, production and management difficulties.
This end, Premier Wen Jiabao in the “Government Work Report” should be made to further promote the development of SMEs. And deployed to establish and perfect service system for SMEs to continue to support the implementation of financial policies on small and medium enterprises, strengthening financial support for SMEs three important measures. China Chemical Economy Deputy Director of Technical Development Center, China Petroleum and Chemical Industry Association Working Committee for SMEs is the new deputy director, said Wei, petrochemical industry, SME policy should seize the opportunity, take effective measures to change the pattern of development to achieve sound and rapid development.
In the various measures to support SMEs development, the most “benefits” than this year’s 10.6 billion yuan central budget special funds to support the development of SMEs, including the Ministry of Industry and head of special funds for SME development, SME Service System special subsidies, and the competent Ministry of Science and Technology Innovation Fund for Small and Medium.
According to Wei is a new introduction, the development of SMEs is mainly used for special funds to support enterprises to adopt new products, new technologies and new techniques to promote industrial upgrading, the implementation of energy saving technological transformation, as well as large-scale technical transformation of enterprises produce complementary products such as; Technology Innovation Fund for Small Technology-based priority support for industry, academia, research and joint innovation, and has the independent intellectual property rights, high technology, high added value, so it can absorb employment, energy consumption, export projects.
And special subsidies for SME service system to support SMEs in the main service agencies to promote SME development services business. Wei is a new tell CCIN reporters, SMEs in the industrial design, inspection, quality management, technical consulting, information services, personnel training, logistics and other fields wide space, petrochemical intermediary services will be further developed as the petrochemical industry a new economic growth point.
This year, the Central tax revenues is also a green light for SMEs. If the taxable income in less than 3 million small profit, the reduced rate of 50% of its income included in taxable income by 20% of income taxation. This stage in the growth of small chemical companies to reduce the burden, to the fullness of their wings the time and opportunity.
Difficulty in financing SMEs, “persistent” problem. “Government Work Report” Special emphasis should be effective in helping SMEs in particular, the problem of financing small businesses. To this end, China Banking Regulatory Commission in 2010 proposed the “two guarantees”: the banking financial institutions, small business credit growth rate to ensure that no less than the total loan growth, credit increment to ensure that not less than the previous year. In addition, the state will improve the small enterprise credit evaluation system, encourage the establishment of small business loan risk compensation fund, the development of multi-level SME credit guarantee system, and implement of the eligible SME credit guarantee institutions exempted from business tax, reserve and compensatory extraction Loss before tax deduction policies. These policies will help Sinopec SME access to finance.
Some local governments are actively introduced the policy to support SMEs financing, such as small Paint , Rubber enterprises assembling Shunde District, Foshan City, Guangdong Province, Central Government introduced a breath, “Paul-speed links”, small loans, small business loans, special loans for equity mergers and acquisitions, the SME Equity Mortgage Loan Trust Plan and the six financing innovative products.
-
About the Author:
I am an expert from China Auto Suppliers, usually analyzes all kind of industries situation, such as marble porcelain tile , portable toilet chemicals.
Article Source
Share this:
Read also:
- Part II - The Negotiation
- Chiropractic & Contracts
- Negotiation Scene from Damages
- The Theory Behind Multiplicity of Regional and Multi-Lateral Trade Negotiations
- How to Negotiate Win-Win
- RoHS 3 ? 1 implemented on appliances containing toxic elements required to express