A promotional event for the 2024 United Nations Micro-, Small- and Medium-sized Enterprises Day was held in Beijing on June 27. 

The event was organized by the China Association for Small and Medium Commercial Enterprises. Wang Yong, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), attended the event and delivered a speech. 

Acknowledging their resilience and growth amid challenges, Wang said MSMEs have made important contributions to China's economic and social development. Noting that China is currently in a critical period of building a stronger nation and realizing the rejuvenation of the Chinese nation through Chinese modernization, Wang called for greater efforts from MSMEs in nurturing and developing new quality productive forces, while maintaining confidence and stable expectations to continually drive high-quality economic and social development. 

Wang encouraged MSMEs to seize the opportunities presented by the new wave of technological and industrial revolution, focusing on innovation capacity building and commercialization of innovative achievements. He urged MSMEs to pursue a path of high-quality development that features special and sophisticated technologies as well as novel and unique products. 

Wang also called on MSMEs to expand global markets, leveraging both domestic and international markets and resources to develop internationally recognized brands and deeply integrate into the global supply and industrial chains. He stressed the need for all types of enterprises, including MSMEs, to collaborate for common development, harnessing the collective effects within industrial and supply chains to amplify innovation synergy. 

Wang also urged enterprises to uphold and promote the spirit of outstanding entrepreneurship, striving for excellence and continuous progress. He encouraged entrepreneurs to build their businesses into larger and better ones, and strive to be pioneers and leaders in innovation and development.