ECONOMY
Dec 02, 2021
4 minutes
Little Giant Firms
China has incubated 4,762 national-level “little giant” enterprises to date, according to the Ministry of Industry and Information Technology (MIIT) on November 23.
“Little giant” firms are small enterprises that are still in the early stage of development and focus on new-generation information technology, highend equipment manufacturing, new energy, new materials, biomedicine and other high-end fields.
The operating incomes and total profits of “little giant” enterprises increased 31.6 percent and 67.9 percent, respectively, in the first nine months of this year, Xu Xiaolan, Vice Minister of the MIIT, told a news briefing.
These enterprises
You’re reading a preview, subscribe to read more.
Start your free 30 days