The 2019 Hunan SMEs (Small and Medium-sized Enterprises) New Year Forum was held in Changsha on January 13. SMEs are rapidly multiplying. In the past two years 2,000 new scale enterprises were established each. Hunan now has 480 new specialized enterprises.
Cao Huiquan, director and secretary of CPC Leadership Group of Hunan Industry and Information Technology Department, announced that recently Hunan has made great efforts in promoting supply-side structural reform and cultivating new industries. With 20 new superior industrial chains being identified, a number of excellent enterprises such as Yanjin Shop, Yujiahui, and Xinhai Stock Co., Ltd have been established. Last year, Hunan Mobile Internet industry income exceeded 100 billion CNY, and the electronic information industry increased by 20.8%.