The first batch of 23 key SME projects in Shanghai started up, with the total investment of RMB 7.5 billion

      In order to carry out the important spirit of the State concerning the development of small and medium-sized enterprises (SMEs)and have a thorough understanding of the development of SMEs, on September19th, the opening ceremony of key SME projects in Shanghai and the Symposium on High Quality Development of SMEs were held at Songjiang District. Relevant leaders were present, including Wu Qing, Vice Mayor of Shanghai, Chen Mingbo, Deputy Secretary-General of Shanghai Municipal Government, Wu Jincheng, Chairman of Shanghai Municipal Commission of Economy and Informatization, and Rong Zhiqin, Vice Chairman of Shanghai Municipal Commission of Economy and Informatization.

      Mr.Wu pointed out that SMEshave injected new vitality and momentum into industrial transformation and upgrading in Shanghaiand have made important contributions to the healthy development of the city's economy and society. It is hoped that SMEswill strengthen their confidence, face difficulties,focus on high-quality development, and achieve greater achievements in the new era. It is also important for the government departments to play the role of joint meeting mechanism of municipal service enterprises and take the initiative to solve problems for enterprises. With a more pragmatic style and more precise measures, the government and units will continuously optimize the business environment, build Shanghai into a friendly city for SMEs, and cultivate more first-class enterprises with international competitiveness.

      Wu Jincheng, Chairman of Shanghai Municipal Commission of Economy and Informatization, expressed that for the next step, it is necessary to do a good job in "three overall plans" of industrial development, enterprise service and investment attraction, and speed up regional high-quality technology reform projects in strategic reserve areas, as well as 195 and 198 areas; Relevant departments will take practical measures to strengthen the guarantee of land, energy and financing, support enterprises to speed up project progress, and contribute to the steady growth of the city.

      At the symposium, eight enterprises, including Shanghai NAEN AutoTechnology Co., Ltd., exchanged with relevant government departments in urban areas on common issues like innovation incentives, talent gathering, market expansion and business environment. 

      It is reported that this is the first time that Shanghai presents the key SME projects in the form of centralized start-up. All the 23 projects are from specialist new enterprises and are "invisible champions" in the field of subdivision. The total investment of the projects amounts to RMB7.5 billion, of which RMB5.9 billion is invested in fixedassets.There are four bright spots: First, the projects concentrate on emerging industries and key areas. Among the 23 projects, 17 are strategic emerging industries like new generation information technology, medicine and health, high-end equipment and new energy vehicles, with a total investment of RMB5.3 billion; Second, start at advanced level. Some of the projects will reach international advanced level after completion; Third, highlight innovation-driven transformation and upgrading. R&D bases, R&D laboratories and technology upgrading projects account for more than 80% of the total projects; Fourth, optimize the industrial production layout and improve quality and increase efficiency. 85% of the project construction period is within 1-2 years, 50% of the project per mu investment intensity is more than RMB10 million, the input-output ratio is more than two times.

      Comrades from the SME Office, Industrial Investment Office, Industrial Park Structure Adjustment Office, Policy Research and Regulation Department of Shanghai Municipal Commission of Economy and Informatization, Shanghai Planning and Natural Resource Administration Bureau, Shanghai Municipal Bureau of Ecology and Environment, Shanghai Municipal Local Financial Regulatory Bureau and Songjiang District Government were present.