Author(s)

Zhu Lihong ¹

Affiliation(s)

¹ Jiuquan Vocational and Technical College, Jiuquan, Gansu, China

Corresponding Author

Zhu Lihong

ABSTRACT

Small and micro enterprises are a category of enterprises consisting of small and micro enterprises, small businesses, family workshops and individual households. Micro and small enterprises can effectively provide employment opportunities and promote income growth, and are considered to be a "stabilizer" for building a harmonious society, which is of great significance to economic and social development, especially for our developing country in transition. However, because of the inherent defects such as less fixed assets, lower technology level, higher production cost and weaker pricing negotiation ability, the anti-risk ability and survival and development ability of MSMEs are significantly different from those of large and medium-sized enterprises. Therefore, how to construct and improve the support policies suitable for the development of MSMEs has been put on the government's agenda. This study attempts to study the government support policies for MSMEs in China against the background of financial crisis, using finance as the entry point.

KEYWORDS

Under the economic crisis; micro and small enterprises; fiscal policy

CITE THIS PAPER

Zhu Lihong, Study on Fiscal Policies for Small and Micro Enterprises under the Economic Crisis. Financial Engineering and Risk Management (2023) Vol. 6: 34-40. DOI: http://dx.doi.org/10.23977/ferm.2023.060306.

REFERENCES

[1] Guo Wenchang. Policy research on government financial support for the development of small and micro enterprises [J]. Jiangsu Science and Technology Information, 2017, 000(018):1-43.
[2] Zhang Xuguang. Research on financial support policies for science and technology-based small and micro enterprises [J]. China Commerce and Trade, 2016, 000(013):93-98.
[3] Wang Hongxin. Policy research on local financial support for the development of small and micro enterprises [J]. Finance and Economics, 2019, 000(024):98-98.
[4] Wang Zilin. Research on fiscal policy of small and micro enterprises from the perspective of public risk [J]. Journal of Economic Research, 2017, 000(009):47-49.

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