China’s Ministry of Industry and Information Technology and nine other ministries issued a 15th Five‑Year plan for SME development with market‑relevant targets to 2030. Key objectives: cumulative per‑capita operating revenue for above‑designated‑size

2026-09-03

China’s Ministry of Industry and Information Technology and nine other ministries issued a 15th Five‑Year plan for SME development with market‑relevant targets to 2030. Key objectives: cumulative per‑capita operating revenue for above‑designated‑size SMEs up about 15% by 2030; internal R&D spending in above‑designated‑size industrial SMEs to grow >8% annually; a stock of 22,000 specialized “little giant” SMEs and 600 national SME industry clusters; digital‑intelligence targets for specialized SMEs with level‑2 adoption ≥95% and level‑3 ≥80%; measurable gains in energy and resource use efficiency; a strengthened national SME service network and roughly 50 China‑foreign SME cooperation zones; establishment of a long‑term mechanism to prevent and resolve overdue payments to SMEs; and further broadening of diversified financing channels.