(Economic Observer) "Specialization, specialization and innovation" also need to solve financing difficulties

  China News Agency, Beijing, February 26 (Reporter Liu Yuying) The "Research on Industry Leading Enterprises Promoting the High-Quality Development of Specialized, Specialized and New Enterprises" released by the China International Economic Exchange Center recently pointed out that the difficulty of financing for specialized, specialized and new enterprises is a universal problem , need to further improve the policy support system.

  The research released at the Specialized and Specialized New Enterprise Development Forum held on the 21st, through the study of three types of industry leaders such as Lenovo Group, Tencent, and China Electronics, concluded that industry leaders can empower specialized and special new small and medium-sized enterprises. Links such as innovation empowerment, resource sharing, service supply, financial support, market provision, and ecological construction.

  Zhang Xiaoqiang, executive vice chairman of the China International Economic Exchange Center and former deputy director of the National Development and Reform Commission, said that in general, specialized and new enterprises are still small and medium-sized enterprises, and this feature has not changed.

Generally speaking, there are still shortcomings in key elements such as high-end talents, advanced technology, and capital. To promote the next step of digital and intelligent transformation, we will face the difficulty of not daring to transfer, not knowing how to transfer, and not being able to transfer.

  Li Zibin, president of the China Association of Small and Medium Enterprises, emphasized that specialized and special new enterprises play an important role in breaking through the "stuck neck" of key core technologies. The current development of specialized and special new enterprises is not only necessary but also very urgent.

In the future, it is necessary for the government, associations, and industry leaders to form a joint force to support the development of specialized and new enterprises from multiple aspects such as finance, taxation, social security, and talents.

  At present, the Ministry of Industry and Information Technology of China has fostered four batches of 8,997 specialized and new "little giant" enterprises, of which 89.9% are manufacturing enterprises and 84.5% are private enterprises.

A few days ago, the Ministry of Industry and Information Technology has begun to organize the cultivation of the fifth batch of specialized, special and new "little giant" enterprises.

  "Research on Promoting High-Quality Development of Specialized, Specialized and New Enterprises by Industry Leading Enterprises" believes that in recent years, with the gradual emergence of a series of preferential policies for enterprises, the financing difficulties of specialized, specialized and new enterprises have eased.

But at present, bank loans for specialized and new enterprises still mainly rely on mortgages and pledges, and it is difficult to obtain credit loans, especially the financing difficulties of technology-based and asset-light enterprises have not been alleviated.

  The reason is to a large extent that the taxation, social security, credit and other information related to specialized and special new enterprises are scattered in various departments such as taxation, human resources and social security, and the People's Bank of China, and banks and other financial institutions have fully obtained the credit of specialized and special new enterprises. Information is more difficult.

  The incentive mechanism to encourage industry-leading companies to invest early and invest in small businesses is also insufficient.

Only less than 20% of the "little giant" enterprises and less than 10% of the provincial-level specialized and special new enterprises have obtained equity investment, and the enterprises with A round or above financing accounted for 94% and 89% respectively.

  In addition, there are institutional and institutional obstacles for central enterprises and state-owned enterprises to invest in private, specialized and special new enterprises. More and more central enterprises invest in their own hatched subsidiaries and subsidiaries of subsidiaries, and the proportion of investment in private specialized and special new enterprises is not high.

  Li Zibin suggested reforming and improving the financial system and expanding direct financing channels for enterprises.

Lower the threshold for enterprises to go public or issue bonds; develop equity investment funds; increase the proportion of credit loans of commercial banks; develop financial leasing industry.

  This study suggests that leading companies in the industry can leverage their own information and platform advantages in terms of financial support, cooperate with financial institutions to build an industry-finance cooperation platform, and innovate financial services such as credit loans, financial leasing, and pledge guarantees for upstream and downstream enterprises.

  The study also recommends strong support for the digital transformation of SMEs.

Digital technology helps to record accurate data of tangible and intangible assets of enterprises, and helps to solve the problem of information asymmetry between specialized and new enterprises and financial institutions.

Wang Zhong, vice president of Lenovo Group, said that Lenovo's one-stop digital service platform aims to solve problems such as "lack of people", "lack of money", "lack of planning" and "lack of equipment". Many "little giant" companies have provided digital transformation assistance.

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