As the outbreak of the novel coronavirus in China hampers business
activity, regional governments are rolling out a slew of measures to support
small and medium-sized enterprises (SMEs).
In this article, we provide you the most updated information on
local measures that have been released in different regions of
China.
Beijing
On February 5, 2020, the Beijing government announced 16 preferential policies to sustain the
production and operation of SMEs, including policies on taxation, finance, social security, subsidies,
and rent reduction.
The 16 measures are applicable to micro, small, and medium-sized
enterprises, including foreign enterprises, that were registered in
Beijing and are in line with the Standard for the
Classification of SMEs (MIIT Enterprise [2011] No.300).
