Entrepreneurship and Innovation of Small and Medium-Sized Enterprises in China

Abstract

The long-term gradual recovery of the world economy has provided a good international environment for entrepreneurship and innovation of small and medium-sized enterprises (SMEs). With the continuous deepening of reforms and policies such as “Mass Entrepreneurship and Innovation” and “Internet Plus,” unprecedented policy dividends have benefited SMEs’ entrepreneurship and innovation. In particular, the new round of opening up, led by “The Belt and Road” construction, will stimulate more external demand, which will provide good opportunities for the development of SMEs. With the current weak foundation for the recovery of the world economy, there are still many uncertainties. The problem of insufficient and imbalanced domestic economic development is still outstanding, and economic development still faces many difficulties and challenges. Overall, the international and domestic environment faced by China’s SMEs is improving.