Home Government Policies and the Internationalization of SMEs

Home Government Policies and the Internationalization of SMEs

At present, China has nearly 42million Small and Medium-sized Enterprises, accounting for 99% of the total number of enterprises in China, contributing 60% of GDP to the country. The proportion of trade volume of Small and Medium-sized Enterprises in international import and export trade reaches 65%. They contribute more than 51% of the tax revenue to the country and provide more than 80% of the jobs. Small and Medium-sized Enterprises have become an important force to expand employment, promote innovation, prosper economy and adjust economic structure. However, since the reform and opening up, China’s Small and Medium-sized Enterprises in the process of market economy development gradually from domestic to overseas. Through a large number of domestic Small and Medium-sized Enterprises continue to open up overseas markets to participate in international trade, which promotes the rapid growth of China’s economy, however Small and Medium-sized Enterprises are also facing a series of problems in the process of developing overseas markets. Relevant governmental subdivision needs to pay attention to this and provide help for the healthy development of Small and Medium-sized Enterprises.