Abstract
Assistance to small and medium-sized enterprises, which were seriously affected by the global financial and economic crisis, was one of the important topics of the 2nd session of the NPC of the 11th convocation. The article contains a detailed description of this important sector of the Chinese economy, reveals its role in providing employment. The experience of the executive and legislative branches of the PRC in creating effective incentives to support private entrepreneurship is very instructive.
Keywords
NPC session, global crisis, migrant workers, bankruptcy, small business subsidies, employment of the unemployed
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