Notice of Shanghai Municipal Commission of Commerce on the application of the special fund for foreign economic and trade development of Shanghai in 2019

en.sww.sh.gov.cn | Updated:Jul 22, 2019

Management department for Shanghai small and medium-sized enterprises international market development fund, district departments of commercial administration, small and medium-sized enterprises and related units:

1. According to relevant regulations of the Notice of Ministry of Finance and Ministry of Commerce on Printing and Distributing the Measures for the Management of Special Funds for Foreign Economic and Trade Development (hereinafter referred to as "the Management Measures"), Notice of Ministry of Finance and Ministry of Commerce on Key Works of Special Fund for Foreign Economic and Trade Development in 2019 (hereinafter referred to as "the Works Notice"), and Detailed Rules for the Implementation of Special Fund for Foreign Economic and Trade Development (Fund for the International Market Development of Small and Medium-sized Enterprises) in Shanghai (hereinafter referred to as "the Detailed Rules"), in order to support SMEs in Shanghai to enhance their international business ability, strengthen their internal management and risk prevention, and carry out application of the special fund for foreign economic and trade development in 2019 (fund for international market development of SMEs) (hereinafter referred to as "the development fund"), the relevant matters are hereby notified as follows:

According to relevant regulations of the Management Measures and the Detailed Rules, Shanghai's management department for the development fund and district departments of commercial administration should implement works in accordance with policy, give play to the role of the market's main body, promote enterprises to develop key markets, actively expand emerging markets such as countries and regions involved in the Belt and Road Initiative (BRI), cultivate traditional markets and optimize international market layout. Also strengthen the construction of the development fund management team to serve SMEs, strengthen publicity to help enterprises understand the policy, improve the efficiency of enterprise application, and give full play to the effectiveness of the development fund policy.

District departments of commercial administration shall operate in strict accordance with the relevant regulations, strengthen efforts in the verification of the original copy of application materials, effectively carry out supervision and inspection of declared projects, strengthen the performance management of the development fund, report in timely fashion the fund usage summary report (including fund management system, fund support situation, daily checking and supervision, financial performance management situation, existing problems and policy suggestions, and typical enterprises and jobs). The management department for the development fund shall cooperate with Shanghai Municipal Commission of Commerce and Shanghai Municipal Finance Bureau in performance management, supervision and inspection of the development fund.

2. SMEs and related units in Shanghai that meet the requirements may apply for development fund support within the prescribed period in accordance with the Management Measures, the Detailed Rules and the relevant requirements of this notice. The applicant unit shall be responsible for the authenticity and legality of the application items and relevant submission materials. If there is any problem in the application process, please contact the relevant fund management department in time (see Annex I for details).

Shanghai commercial departments at all levels does not entrust any intermediary agencies to apply for funds for enterprises. All SMEs should raise vigilance and beware of being deceived.

3. The online application of the 2019 development fund shall be implemented in two batches – July 25-Aug 25, and Dec 1-Jan 15, 2020. SMEs and related units should apply online (www.smeimdf.org) in time based on the project implementation progress, and applications will not be accepted after the deadline. After online application, please submit the fund disbursement application materials to the relevant fund management department within five workdays.

4. In order to further optimize the management of the development fund, improve service level and streamline application regulation, and according to the actual situation of SMEs to expand their international markets, the application materials for overseas exhibitions, overseas trademark registration, management system certification, product certification and other projects are simplified (see Annex II for details).

Matters not included in this notice shall be subject to the Management Measures and the Detailed Rules.

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