China is stepping up its support for innovative small- and medium-sized enterprises (SMEs) and unicorn companies in a bid to foster new drivers of economic growth and enhance market vitality. The Ministry of Industry and Information Technology (MIIT) announced on Monday that it will implement measures to help these firms expand markets and unlock their potential.
According to Wang Jiangping, Vice Minister of Industry and Information Technology, China has cultivated approximately 141,000 innovative SMEs that utilize specialized and sophisticated technologies to produce unique products. Among them are 14,600 \
Reference(s):
cgtn.com
