How to really help SMEs in the epidemic?

Under the impact of the new coronavirus pneumonia epidemic, can small, medium and micro enterprises smoothly pass the border? With the advent of rework, some companies have started work as scheduled, but more companies are still out of business. In the absence of a source of income, fixed costs such as rent and wages are under great pressure. A considerable number of small and micro enterprises that had insufficient capital reserves and were in a difficult situation are even on the verge of death. How to support small, medium and micro enterprises to survive this war is a top priority for stabilizing the economy and one of the main considerations at the current policy level.

How to really help SMEs in the epidemic? Chen Daofu, deputy director of the Institute of Finance of the Development Research Center of the State Council, gave an interview with Securities Times reporters on this issue. He believes that accurate forecasting and evaluation in the form of "outsiders" does not help the healthy development of the situation. Under the premise of maintaining necessary epidemic prevention and control measures, the key is to enable the economy to "turn around", and small and medium-sized enterprises can cope with the difficulties and create social value. Seeing the difficulties of micro-subjects, reduce losses through policies and specific actions.

Regarding policy assistance, Chen Daofu said that various types of policy preferences and support need to focus on practical results, and it is advisable to introduce targeted policies by industry. To speed up the implementation of rescue measures and rescue measures for SMEs, the establishment of a SME Development Fund may be considered. At the same time, the following principles need to be maintained: short-term and targeted inclusive benefits, based on corporate self-help, and adhere to the principle of marketization.