SMEs to help drive economic recovery

China's ongoing antitrust efforts will greatly promote the development of small and medium-sized enterprises, industry insiders said.

The development is recognition that SMEs are robust drivers of the country's digital economy and will aid economic recovery amid the COVID-19 outbreak, they added.

"For any country, the ultimate goal of the digital economy drive is to benefit every participant in the internet ecosystem, including SMEs, to help them reap the benefits," said Cai Yuezhou, director of digital economy research at the Chinese Academy of Social Sciences' Institute of Quantitative and Technical Economics in Beijing.