Inter-Chamber Small and Medium-sized Enterprise Working Group 2019/2020

Inter-Chamber Small and Medium-sized Enterprise Working Group 2019/2020 - 跨商会中小企业工作组建议书2019/2020 Go back »

Published on:

2019-09-24
Category:

Position Paper
by:

Small and Medium-Sized Enterprises Forum Working Group / Forum
Keywords:

small & medium-sized enterprises, SME

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Small and medium-sized enterprises (SMEs) constitute the foundation of most, if not all, national economies in the world. Smaller businesses generate around 50 to 70 per cent of all jobs and incomes, and they are usually key contributors to their country’s gross domestic product (GDP). Furthermore, the dynamism of SMEs enables them to act as some of the main drivers for entrepreneurship and development. Without a strong SME base, countries will not only have their competitive edge dulled in terms of creativity and innovation, but their overall economic development and social welfare could be seriously compromised as well.

The Inter-Chamber Small and Medium-sized Enterprise Working Group was established in 2014 as a new advocacy element of the European Union (EU) SME Centre (Phase Two), with the objective of strengthening advocacy for European SMEs. The working group is based on the European Chamber’s Small and Mediumsized Enterprise Forum. It brings together European SMEs to create a strong channel where concerns over the business challenges faced in China can be expressed. The working group organises a series of regular working group and policy meetings to provide practical solutions and policy advice to European SMEs and their stakeholders.

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