The Research Of Local Relevant Implementary Regulations Of SMEs Promotion Law

As a kind of important principle part of our market economy, the small and medium-sized enterprises have played an important role in China's national economy. Despite the great contribution to keeping society stabilization ,enhancing employment, optimizing economic structure, increasing local finance revenue, the medium-sized and small enterprises are confronted with lots of difficulties such as obtaining capital, human resources, technology and information. All these weaknesses keep SMEs in a unfavorable position in the competition of market and reduce their capability of resisting marketing risks. In order to promote the development of SMEs, Small and Medium-sized Enterprises Promotion Law of People's Republic of China was issued in 2002. However the condition of practice of the law leaves much to be desired. There are several reasons for this situation. One of the main reason is that most items of the law are abstract and fundamental that makes it difficult to put it into use in practice.Local governments should formulate relevant implementary regulations in accordance with the condition of local SMEs with the aim to improve the working environment of the SMEs, promote the healthy development of the SMEs.This paper start with the background of Small and Medium-sized Enterprises Promotion Law and make a brief introduction of it, then put forward to the necessity of local government formulating implementary regulations and local governments should define the responsibilities of superintended departments and position of government role in the course of formulating. Furthermore,local government should provide services for the local SMEs the according to the needs and requirements of the local SMEs by establishing effective measurements in the aspects of financial support, enterprising support, technical Innovation ,market exploration, social service.