TREE NEWS update: China’s Ministry of Industry and Information Technology will build a mechanism to proactively identify promising small and medium-sized enterprises, Minister Li Lecheng said at the 16th SME roundtable in Beijing on Sept 20. The ministry will improve its tiered cultivation system for quality SMEs, moving from waiting for applications to actively reaching out to help firms focused on technology and products.
China’s MIIT to Proactively Identify High-Quality SMEs, Minister Says
The shift from application-based selection to proactive identification signals that Beijing wants earlier visibility into firms it considers strategically promising, particularly in technology and product development. That matters most for smaller companies that may lack the resources or connections to navigate existing cultivation programs, and for local governments tasked with implementing the tiered system. Whether the outreach translates into material support or remains a labeling exercise is the open question.
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