The Ministry of Industry and Information Technology recently issued the target of eliminating backward production capacity for 19 key industries in the industrial sector during the “Twelfth Five-Year Plan†period, requiring all localities to decompose the target task as soon as possible to form an annual plan, implement it in specific enterprises, and adopt comprehensive measures to strengthen supervision and evaluation to ensure backward equipment ( The production line will be completely dismantled and shall not be transferred to the central and western regions and neighboring countries, and all targets and tasks for eliminating backward production capacity during the "12th Five-Year Plan" period shall be fully completed.
In addition, the Ministry of Industry and Information Technology and Bank of Communications signed the “Strategic Cooperation Agreement on Financial Services for Small and Medium-sized Enterprises†on December 30th. At the signing ceremony, Miao Zhen said that next year China will issue a package of support measures for SMEs to carry out the “Service Year for SMEs†campaign, focusing on the support of innovative, entrepreneurial, and labor-intensive SMEs, especially the development of small and micro enterprises. .
On the same day, the Ministry of Industry and Information Technology signed a strategic cooperation agreement with the China Development Bank. It will focus on the interpretation of the 12th Five-Year Plan and the preparation of relevant industry-based financing plans, corporate support and project development, information exchange, and results sharing.
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