Core Viewpoint - The Ministry of Industry and Information Technology (MIIT) is advancing the establishment of the second phase of the National Small and Medium-sized Enterprises Development Fund to support the high-quality development of SMEs in China [1] Group 1: Policy Initiatives - The MIIT plans to revise the classification standards for small and medium-sized enterprises (SMEs) to better address their concerns [1] - A joint initiative with the State Taxation Administration called "Spring Rain Nourishing Seedlings" will be launched to facilitate tax and fee policies for micro and small enterprises [1] Group 2: Financial Support - The establishment of the second phase of the National Small and Medium-sized Enterprises Development Fund aims to attract more social capital for early, small, long-term, and hard technology investments [1] - Implementation of the "Regulations on Guaranteeing Payment to Small and Medium-sized Enterprises" to protect the legal rights of SMEs [1] Group 3: Innovation and Collaboration - The MIIT will conduct activities to promote the integration of large, medium, and small enterprises, facilitating the entry of innovative products from SMEs into the supply chains of larger companies [1] - A collaboration with the National Intellectual Property Administration will be initiated to implement a "Patent Industrialization Promotion Plan" to guide technological innovation among SMEs [1] Group 4: Service Enhancement - The MIIT aims to enhance service capabilities by gathering resources to help SMEs overcome difficulties and achieve high-quality development [1]