Do not require "ethical" standards and one-size-fits-all policies to require small and medium-sized enterprises to adhere to the principle of marketization

Securities Times Reporter: Small, medium and micro enterprises have suffered a lot from the epidemic. At present, Beijing, Shanghai, Suzhou and other places have issued assistance policies specifically for such enterprises, but the scope of benefits is still relatively limited. Do you think that assistance to small and medium-sized enterprises? What else can micro-enterprises do?

Chen Daofu: From the perspective of small, medium and micro enterprises, the impact of the epidemic on them is mainly concentrated on the following: first, the loss and capital occupation caused by inventory backlogs, expiration and corruption; second, fixed cost expenditures such as labor and rent; and third, the unexpected change in demand Affected revenue; Fourth, obstacles such as resumption of work and policies affected business activities. "Help the gods by themselves", any help should realize the self-growth of the enterprise. Therefore, the key to helping small, medium and micro enterprises to survive the crisis is to restore economic operation, "help" rather than "replace" the enterprise, coordinate and flexibly solve the real "force majeure" difficulties facing the enterprise, especially without using "ethical" standards and one-size-fits-all policies. Requires SMEs. Considering that the current small and medium-sized enterprises are also facing the pressure of transformation and market clearance at the same time, the leverage ratio of residential housing is at a high level. Therefore, in addition to temporary rescue measures, it is advisable to implement SME development and rescue plans as soon as possible.

 1. Restore the logistics system and various trading platforms as soon as possible. On the premise of strengthening epidemic prevention measures and reducing person-to-person contact, various logistics systems should be restored as soon as possible. This is the key to the connection of the physical world and an important link in which the economy can operate decentralized. At the same time, in special times, it is necessary to strengthen the communication between information. The trading platform is the most effective way to communicate whether there is a way to reduce losses as much as possible. This process should give full play to the role of the market, allow the price mechanism to function as much as possible, and tolerate the appropriate increase in prices to trigger sufficient incentives.

2. Give full play to the role of various online platforms. This will help bring into play the functions of contact, cooperation and circulation of the digital and virtual worlds, effectively combining various types of real-world resources to create revenue and reduce losses. Mobilize small and medium enterprises and even individuals, especially those who are isolated at home, to create social value.

3. Clearly treat the epidemic as an event of force majeure economically. If enterprises, landlords, and employees are allowed to renegotiate rent levels, payment deadlines, and wages, the government and state-owned enterprises as the main landlord should introduce policies to reduce the necessary relief. Tax driver's share of money should be reduced as appropriate. Due to the government's request for segregation and closure of the business income, the corresponding rents, taxes, etc. should be reduced or exempted according to actual conditions, and necessary subsidies should be arranged. Technical breach of contract due to the epidemic situation may not be regarded as an "event of breach of contract", failure to pay breach of contract damages, and not logging into the credit information system. Bring into play the role of social assistance and relief, and increase assistance to those in need.

 4. Promote orderly return and return to work as soon as possible. According to the needs faced by enterprises, the urgency of different types of work, and the requirements of epidemic isolation, arrange orderly return trips and return to work, so that social and economic operations gradually enter the "non-Chinese New Year" mode.

5. Organize small, medium and micro enterprises and private enterprises to participate in the response to the epidemic in a market-oriented manner. Payments that need to be paid by the government will be paid immediately in cash to ensure that SMEs participating in government projects and epidemic situations receive cash income in a timely manner. Especially for the acquisition and production of strategic substances, in addition to central and state-owned enterprises, it is necessary to consider production costs in special periods as much as possible and organize them in a relatively market-oriented manner.

6. Speed up the implementation of policy preferences and support based on the self-rescue and marketization of micro-subjects. Various preferential policies and support have been issued by the country and other regions, which have a positive effect on the response of small, medium and micro enterprises to the epidemic situation. Various 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.