Taicang adds 12 national 'little giant' enterprises
A workshop in a little giant enterprise in Taicang, a county-level city in East China's Jiangsu province. [Photo/WeChat account: tcfbgw]
Twelve enterprises in Taicang, a county-level city in East China's Jiangsu province, have been listed as national little giants, the Ministry of Industry and Information Technology announced on July 14.
This was largely due to the implementation of a series of measures rolled out by authorities to advance the high-quality development of the city's small and medium-sized enterprises.
The measures include rolling out policies to help enterprises undergo industrial transformation and upgrading, encouraging enterprises to focus on industry segments, and providing support to enterprises that have established technology centers and research institutes.
"Little giants" refer to SMEs that specialize in niche sectors, command a high market share, and boast a strong innovative capacity and core technologies.
Taicang is currently home to 19 national little giants, 100 provincial little giants, 28 Suzhou municipal-level little giants, and 84 Taicang city-level little giants.