Development of Small and Medium Enterprises

48.         SMEs are the pillar of our economy. With the support of the Small and Medium Enterprises Committee, we have launched various multi-level support programmes for SMEs in different areas, such as loan guarantee, expanding export markets, export credit insurance, upgrading and restructuring, brand development, start-up support, technology research and development, and patent application. The Hong Kong Productivity Council set up the "SME One" in 2012 to promote these programmes and explain programme details to SMEs. We will continue to strengthen our communication with SMEs and render them more support in a timely manner. SMEs have massive potential in tapping the Mainland market but often encounter obstacles in doing so. We will attend to this priority issue. The Government will continue to help SMEs tap the Mainland market by various means, including effective use of the Dedicated Fund on Branding, Upgrading and Domestic Sales, and supporting Hong Kong business associations in establishing sales and promotion venues in the Mainland for building the Hong Kong brand.

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