Ministry of Industry and Information Technology： A large number of small and medium-sized enterprises is an important support for expanding employment and improving people’s livelihood.

CCTV News:The State Council Press Office held a regular briefing on the State Council policy at 3 pm on July 17th. Wang Jiang, Vice Minister of Industry and Information Technology, and the relevant person in charge of the Ministry of Justice introduced the Regulations on the Protection of Payment for Small and Medium-sized Enterprises and answered questions from reporters.

Wang Jiangping introduced that small and medium-sized enterprises are the most dynamic enterprise groups, an important support for expanding employment and improving people’s livelihood, and an important foundation for building a modern economic system and achieving high-quality economic development. In recent years, influenced by the complicated and changeable economic situation at home and abroad and the downward pressure on the economy, the payback period of enterprise accounts has been extended, and some organs, institutions and large enterprises have the problem of owing money to small and medium-sized enterprises to varying degrees, which has seriously infringed on the legitimate rights and interests of small and medium-sized enterprises, aggravated their financial difficulties and even endangered their survival. Small and medium-sized enterprises have strongly reflected this and attracted wide attention from all sectors of society.