The central government's 42.45 billion special funds for employment support small and medium enterprises

According to an informed source close to the Ministry of Finance, as of the end of July, the central government has issued 42.45 billion yuan of special funds for employment this year. In the second half of the year, the relevant decision-making departments will continue to adopt an active employment policy and increase the amount of special funds for accelerating employment. Small and medium-sized micro-enterprises are reducing burdens. According to official information, the employment situation in the first half of the year was relatively good, but there have also been some hidden concerns. The domestic economy is in a downturn, export pressure is increasing, and some foreign-funded enterprises are withdrawing. The state continues to take active measures in order to stabilize domestic employment in the second half of the year. At the same time, the employment policy will focus on increasing support for small and medium-sized enterprises and micro-enterprises, reducing the burden on small and medium-sized enterprises and micro-enterprises, and optimizing the development environment of enterprises. According to a person familiar with the matter, according to the central government's policy of improving financial support, the central government will accelerate the increase of special funds for employment in the second half of this year. The special funds allocated to small and medium-sized enterprises this year will expand the total fund size from 12.87 billion yuan. To 14.17 billion yuan, it will increase year by year. In addition, the central government plans to allocate 15 billion yuan in five years and arrange 3 billion yuan in 2012. People familiar with the matter said that for some key small and medium-sized enterprises, micro-enterprises, labor-intensive enterprises with products and markets, the job-filling technology upgrade project, the agricultural product deep processing project to increase employment, and the eastern region to undertake the eastern region industry. The transfer of projects, as well as the excavation and protection of traditional crafts and products with national characteristics, will be the next key support for the central government. The special funds will further reflect the policy orientation, enhance pertinence, continuity and operability, and highlight the key points of capital use. Tilt to small and medium-sized, micro-enterprises and the Midwest.

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