Core Viewpoint - The innovation vitality of small and medium-sized enterprises (SMEs) can be stimulated by promoting their deep participation in the industrial and supply chains, enhancing their supporting capabilities [1][4] Group 1: Current Performance of SMEs - In the first eight months of this year, the added value of industrial SMEs increased by 7.6% year-on-year, outpacing large enterprises by 3.3 percentage points, indicating stable overall operation and a notable surge in innovation vitality [2] - The proportion of effective invention patents from independent R&D among SMEs reached 75.3% in 2024, up by 3.9 percentage points from the previous year [2] - The rate of industrialization for invention patents among small and micro enterprises hit new highs at 57.8% and 36.7%, respectively [2] - Specialized and innovative SMEs, referred to as "little giants," hold 32.74 million invention patents, accounting for 11% of the total [2] Group 2: Support for Innovation and Digital Transformation - To enhance innovation, a supportive and inclusive environment is essential, requiring sustained capital investment and the establishment of a national SME development fund to attract more social capital [3] - The government should select replicable digital transformation solutions to guide SMEs, addressing their challenges in transitioning to digital operations [3] - Financial measures such as fiscal subsidies, tax reductions, and special funds should be implemented to meet the funding needs of SMEs during their digital transformation [3] Group 3: Role of SMEs in Economic Development - SMEs are crucial for driving innovation, promoting employment, and improving livelihoods, with their health directly impacting the resilience of the economy [4] - Local governments and departments should focus on addressing the urgent issues faced by SMEs, creating mechanisms to foster the growth of specialized and innovative SMEs [4]

Group 1 - The core viewpoint emphasizes the need to stimulate innovation among small and medium-sized enterprises (SMEs) by encouraging their deep participation in the industrial and supply chains, enhancing their supporting capabilities [1][3] - In the first eight months of this year, the added value of industrial SMEs increased by 7.6% year-on-year, outpacing large enterprises by 3.3 percentage points, indicating stable overall operations and a notable surge in innovation vitality [1][2] - The proportion of independently developed effective invention patents among SMEs reached 75.3% in 2024, an increase of 3.9 percentage points from the previous year, showcasing the growing innovation capacity of SMEs [1][2] Group 2 - Specialized and innovative SMEs, referred to as "little giants," have made significant technological advancements, holding 32.74 million invention patents, which account for 11% of the total patents held by enterprises [2][4] - In the first eight months of this year, the R&D expenses of specialized and innovative "little giants" accounted for 5.4% of their operating income, reflecting their commitment to R&D investment [2][4] - The government is encouraged to create a supportive environment for innovation, including the establishment of a national SME development fund to attract more social capital for early-stage, small, and long-term investments in hard technology [2][3] Group 3 - There is a strong emphasis on supporting the digital transformation of SMEs, particularly through the adoption of new information technologies like artificial intelligence, which are reshaping innovation paradigms and production methods [3][4] - The government aims to identify and promote replicable digital transformation solutions for SMEs, addressing their challenges in transitioning to digital operations through financial support mechanisms [3][4] - Local governments are urged to play a supportive role by organizing service institutions and platforms to facilitate innovation and collaboration between large and small enterprises [3][4]

Group 1 - Xi Jinping congratulated Kim Jong-un on the 80th anniversary of the Workers' Party of Korea [5] - Xi emphasized the importance of advancing China's space exploration and innovation during the "14th Five-Year Plan" period, highlighting significant achievements in deep space exploration [6] - Li Qiang met with Kim Jong-un and paid tribute to the Chinese People's Volunteer Army martyrs [7][8] Group 2 - The "14th Five-Year Plan" period has seen advancements in inclusive, foundational, and safety net social welfare construction in China [3][12] - The government has introduced new regulations for the clinical research and application of biomedical technologies, effective from May 1, 2026 [9]