A new index system for evaluating small and medium enterprises (SMEs) applying special and sophisticated technologies to produce novel and unique products was unveiled on Sunday at a three-day conference on SME development in Shanghai. At the conference on the development of SMEs applying special and sophisticated technologies to produce novel and unique products that opened in Shanghai on Sunday, the Ministry of Industry and Information Technology released the new index system as part of its efforts to assess the performance of individual SMEs and the effect of local governments in fostering high-tech SME growth. "(It aims) to guide local governments in taking into account both the rational growth of quantity and the effective improvement in quality, and carrying out routinized dynamic monitoring over the development quality of enterprises through the quantified index evaluation system, thus guiding them to realize higher quality development," said Liang Zhifeng, head of the Department of Small and Medium Enterprises under the Ministry of Industry and Information Technology.
The result of the evaluation will also serve as a key reference to the allocation of funding to support SMEs using special and sophisticated technologies to produce novel and unique products, and the best performers will be rewarded with real cash, noted an official of the ministry.
New index system for SMEs development released
Macao's Chief Executive-elect Sam Hou Fai said that he appreciated the incumbent administration's strong support for a smooth transition of power and responsibilities to his term of government starting Dec 20.
Sam was elected on Oct. 13 as the sixth chief executive-designate of the Macao Special Administrative Region (SAR), garnering 394 votes from the 400-member election committee, and appointed by the central government on Oct 25.
Sam, 62, is set to succeed incumbent Chief Executive Ho Iat Seng on Dec 20 for a five-year term.
He was born in Zhongshan of south China's Guangdong Province in May 1962 and moved to Macao in the 1980s. He joined Macao's first group of judicial auditors in 1995, was appointed president of Macao's Court of Final Appeal on Dec 20, 1999 and held the post for nearly 25 years until Aug 28 this year.
"My job has two parts. The first is to communicate with incumbent Chief Executive Ho Iat Seng and his administrative team to ensure a smooth handover between the fifth-term and sixth-term governments. This part actually started on Nov 1 and is more intensive now. The second is to prepare my administrative team, that is to pick up main officials. The first part is going very smoothly. I am also very grateful to Chief Executive Ho Iat Seng and his administrative team for their close cooperation and strong support," he said.
The newly-elected chief executive said he has already been through a psychological transition. Being a judge, Sam said, it means to be low-profile and keep distance with the public; but becoming a chief executive, he has to be outgoing and socially active. However, being discreet is a prevailing principle for both the roles, he said.
"Be careful in what you say before some important policies are implemented. Only when we reach consensus after listening to broad opinions and having wide discussions can the chief executive make explanations to the public. So being careful in what you say still works. Otherwise, it is easy to mislead the public, cause controversies and even affect social stability," he said.
Macao's incoming chief executive thanks incumbent government for smooth transition
