Comment: Increasing the absorption of SMEs is the key to stable employment

admin
04/02/2020 0 Comment

Comment: Increasing the absorption of SMEs is the key to stable employment
Original title: The key to stable employment to increase the absorption of SMEsConsolidate and enhance its employment absorption capacity.  For a long time, private SMEs have been the main force in solving employment.The so-called “56,789” of the private economy, of which “eight” means that the private economy contributes more than 武汉夜生活网 80% of urban labor force employment.From an industry perspective, the National Bureau of Statistics data shows that, as of the end of 2018, nearly 1 was employed in private enterprises and individuals.Of the 400 million people, 57.76 million are manufacturing industries and 29.45 million are accommodation and catering industries.  Affected by the epidemic, some SMEs in the catering, tourism and other industries are facing the test of survival.Regulatory authorities disclosed at a news conference a few days ago that the operating rate of small and medium-sized enterprises is currently close to 30%, and they still face difficulties in resuming work, labor, supporting the industrial chain, funding support, and order delivery.As the most active cells in economic operations, SMEs still need relevant departments to continue to increase policy support from many aspects such as talent, logistics, and funding.  As soon as possible, the expected government-stabilized job stabilization policy should be put in place as soon as possible to ensure the employment of key groups such as college graduates and migrant workers.At the same time, we should strengthen financial and fiscal policy support, and take a multi-pronged approach to help small and medium-sized enterprises survive the crisis and restore vitality.  Specifically, in terms of fiscal policy, we should continue to introduce targeted and phased reduction and exemption policies. We can consider issuing special treasury bonds and increasing transfer payments to ensure adequate financial resources and enable the smooth implementation of policies.Consider establishing a special fund to leverage large enterprises to support upstream and downstream SMEs.Monetary policy should guide the overall reduction of market interest rates, provide sufficient and abundant liquidity, gradually clear the exchange mechanism, and guide financial institutions’ loans to SMEs through quantitative incentives and scientific and technological means.Fiscal and financial policies can form synergies. For example, through asset securitization, fiscal policies provide certain risk compensation, monetary policies provide liquidity, and incentives for small and medium-sized financial institutions to support SMEs.  After the epidemic, combined with economic restructuring, more support should be given to related industries that are increasingly capable of absorbing employment.The epidemic sentiment has strengthened some consumer trends, such as increased demand for online education, online entertainment, and e-commerce; (Continued to the A02 version)