Shanghai proposes nine major actions to promote high-quality development of small and medium-sized enterprises

China News Service, Shanghai, October 29 (Yang Shuo) The Shanghai Municipal Government Information Office held a press conference on the 29th. Liu Jian, deputy secretary-general of the Shanghai Municipal Government and director of the Municipal Development and Reform Commission, introduced the "Shanghai Action Plan to Promote the High-Quality Development of Small and Medium-sized Enterprises" (hereinafter referred to as the "Plan"). Liu Jian said that the "Plan" proposes nine major actions and a total of 21 tasks to address the problems faced by the development of small and medium-sized enterprises to promote the high-quality development of small and medium-sized enterprises.

According to reports, Shanghai has currently cultivated 22,000 innovative small and medium-sized enterprises, 14,000 specialized and special new small and medium-sized enterprises, and more than 1,000 specialized and special new "little giant" enterprises. The "Plan" clarifies that by 2028, the quality structure of small and medium-sized enterprises will be further optimized to achieve two-way empowerment and common development with the city.

Financing support is the focus of enterprises. Tao Changsheng, deputy director of the Finance Office of the Shanghai Municipal Party Committee, said that from January to September 2026, Shanghai's new government financing guarantee business was 133.214 billion yuan, a year-on-year increase of 32.95%, and the average guarantee rate dropped to less than 1%. The next step will be to strengthen the supply of first loans and credit loans, expand guarantee coverage, link up with the "Suishenrong" online platform, optimize the "Pujiang Light" digital service, and build a financing system that adapts to the full life cycle needs of technology enterprises.

In response to the pain point of account arrears, Pu Yapeng, deputy director of the Shanghai Economic and Information Technology Commission, said bluntly that difficulty in collecting payments is a "major concern" for small and medium-sized enterprises. Shanghai has incorporated debt settlement tasks into the performance appraisal of state-owned enterprises, implemented joint credit penalties for defaulters, made good use of the national breach of contract and arrears complaint platform to speed up the disposal of clues, and provided public welfare legal services to reduce the cost of rights protection. "Shanghai has not seen any defaults by government agencies and public institutions."

Innovation empowerment and overseas support are simultaneously increased. The "Plan" proposes to promote the opening of major scientific and technological infrastructure to scientific and technological small and medium-sized enterprises, and optimize the coverage of policies such as computing power coupons and model coupons. Zhu Wenqun, a second-level inspector of the Shanghai Municipal Commission of Commerce, said that Shanghai has launched the "Guardian" government affairs overseas intelligence agent and built a service network covering more than 100 countries and regions to provide enterprises with overseas process guidance, policy inquiries, compliance risk self-assessment, etc.

Chen Yanfeng, deputy director of the Shanghai Municipal Development and Reform Commission, said that the "Plan" has been broken down into 90 specific executable tasks and measures, and will be implemented through dedicated team coordination, intelligent service matching, and dynamic evaluation and adjustment. In addition, Shanghai is planning to optimize the business environment version 10.0 and continue to enhance corporate development confidence.