Tianjin is devoting targeted energy to support innovation- oriented new small- and medium-sized enterprises（SMEs）with tailored policies that will ease their financing.

The city has been working to cultivate small and early-stage enterprises that can enjoy broad market prospects and development potential with a strong drive for innovative.

This year, Tianjin aided 89 enterprises in the equipment manufacturing, electronics, automobile, electrical machinery, metal and non-metal manufacturing sectors. They have been offered tailored policies for financing and governmental service.

In the future, Tianjin will launch more initiatives to enhance SMEs’ development efficacy and quality. These enterprises will cooperate with leading companies to form an industrial ecosystem in which they coordinate, share resources with and complete each other.