This article is from the public number: Digital Visual (ID: VDataWorks) , author: Tencent news, the number of visible
This Spring Festival, the epidemic came without warning.
How much will SMEs be affected by the epidemic? A survey shows that 58.88% of companies estimate that the epidemic will cause a decline in operating income by more than 20% in 2020.
How important are SMEs to China? The number exceeds 30 million, accounting for more than 99% of the market players, contributing more than 50% of tax revenue and more than 60% of GDP.
How will local governments help SMEs? Where is the focus? To what extent can it help small and medium-sized enterprises survive the crisis?
The cash balance on account is only 3 months? Reducing financing costs is the key to help
As of February 11, a total of 27 provincial-level regions have issued relevant policies to support the development of SMEs, and some provincial capital cities have been at the forefront of the province, such as Xi’an and Nanning. Guangdong, Beijing, Shanghai and other places have successively issued a number of policies.
Financial difficulties and expensive financing have always been the plight of SMEs. A survey of 1,435 small and medium-sized enterprises by Tsinghua University, Peking University, and Beijing Small and Micro Enterprise Comprehensive Financial Services Company showed that 84.91% of the companies maintained their cash balances for less than three months, and only 9.27% of the companies could maintain six months or more .
Reducing financing costs is the key measure to help small and medium-sized enterprises this time, but there are differences in the magnitude of reductions and the targets for different places.