Policy and Industry
English summaries of verified Chinese SME policies, payment rules, supply-chain finance and regional enterprise developments.
The local authority reports that Dingdian Laser's second plant began operations on October 11, adding automated storage, component coating and large gantry machining. The laser tube-cutting equipment maker expects overall capacity to increase two to three times.
Jinan Start-up Area Management Committee · Chinese sourceThe provincially designated specialized SME has started an 80,000-ton casting project in Xinghua. Reported investment is RMB 1.2 billion, with sand-mold 3D printing and alloy-ceramic processes planned for advanced wear-resistant products.
Jiangsu Provincial Party Committee News Portal · Chinese sourceSeven Longyan companies were shortlisted for Fujian's manufacturing single-product champion designation, spanning electronics, equipment, new materials and fine chemicals. This provincial designation is distinct from the national Little Giant designation.
Longyan Municipal Government · Chinese sourceChina's SME development center republished Cangzhou Daily's report on October 10: 841 Cangzhou firms entered Hebei's second technology-based SME register of 2026, spanning pipeline equipment, new materials, machinery, environmental technology and IT. The date shown is the republication date.
China SME Development Promotion Center, via Cangzhou Daily · Chinese sourceThe Supreme People's Court and the national business federation released ten dispute-resolution cases on October 8. The cases cover construction supply chains, building-material suppliers and cross-province sales disputes, illustrating court guidance, chamber mediation and follow-up on agreed payments.
Economic Information Daily · Chinese sourceThe regional industry authority published proposed specialized and innovative SMEs for public comment from October 8 to 13. This regional designation is administered separately from the national Little Giant designation.
XPCC Bureau of Industry and Information Technology · Chinese sourceXinhua reports that banks use orders, receivables, logistics and invoices to finance SMEs with less reliance on guarantees from core firms. Verifying real trade transactions and regulating electronic receivables vouchers are central to risk control.
Xinhua · Chinese sourceTongzhou District published SMEs proposed for recommendation to the Beijing municipal authority after application reviews and site checks. The public-comment period ran from September 29 to October 5; the attachment is a district recommendation list.
Tongzhou District Bureau of Economy and Information Technology · Chinese sourceThe SME development center reported on September 22 that Qingdao held the competition final on September 11. It announced enterprise and start-up awards and released a results report after a competition lasting more than five months.
China SME Development Promotion Center · Chinese sourceThe Shenzhen authority accepts applications and reviews from September 20 to October 20 through the national enterprise platform. District recommendations are due November 10. Applicants must hold a valid technology-based or innovative SME designation.
Shenzhen Small and Medium Enterprise Service Bureau · Chinese sourceThe September 14 briefing explains industry settlement rules, 60-day cash-payment commitments, supervision of non-cash payment instruments and receivables financing. Four key terms cover the payment clock, method and process, acceptance criteria and timing, and the maximum payment period.
State Council Information Office · Chinese sourceThe notice defines four key payment terms, promotes voluntary 60-day cash-payment commitments by leading firms, limits electronic receivables vouchers to six months and strengthens payment supervision, disclosure and financing support. It was issued on September 3 and publicly released on September 10.
State Council of China · Chinese sourceGuangzhou requires applications and supporting evidence by 24:00 on October 20, followed by district recommendations by October 23. Applicants must be valid technology-based or innovative SMEs; the review covers firms recognized or renewed in 2023.
Guangzhou Bureau of Industry and Information Technology · Chinese sourceThe plan sets seven task areas and seven targeted programs. During 2026–2030, internal R&D spending by industrial SMEs above the designated size is targeted to achieve average annual growth of at least 8%, alongside stronger enterprise development, digital transition, financing and payment protection.
Ministry of Industry and Information TechnologyEffective April 1, the rules bring technology-based SMEs into the development framework and add quantitative quality scores. Firms must update information by May 31 each year; two missed updates within one designation period lead to cancellation.
Ministry of Industry and Information Technology · Chinese source