中国对中小型企业提供更好的资金支持

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中国对中小型企业提供更好的资金支持　　

BEIJING, April 14 (Xinhua) -- China will provide better support for small and medium-sized enterprises (SMEs) by simplifying how funds are allocated¹, the Ministry² of Finance (MOF) said on Monday.

　　The ministry, along with the ministries³ of industry and information technology, science and technology, and commerce, issued a notice to improve the efficiency in the way funds are allocated to SMEs.

　　According to the notice, funds will be allocated to SMEs to help improve technological⁴ innovation, financing, services, and international cooperation.

　　China to provide better capital support for SMEs

　　The notice also highlighted more support for SME innovation in information technology, resource saving, new energy development, biomedical industry and modern agriculture.

　　A subsidy⁵ for each new innovative⁶ project will stand at no more than 3 million yuan (487,560 U.S. dollars), or 40 percent of the research and development cost at most, according to the notice.

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