The Sustainable Development of Chinese Technology-Based Small and Medium-sized Enterprises under Government Policies Analysis Based on the PEST Model

Abstract

With the development of the economy and the policy support of the government, China's small and micro enterprises have mushroomed, especially in the field of technology. The National Bureau of Statistics has reported that by 2023, the Chinese government will have fostered around 60000 specialized and high-end technological businesses. From a political perspective, the government will build a policy system conducive to the development of small and micro enterprises. From an economic perspective, government policies will improve the investment and development confidence of small and micro enterprises. From a social perspective, the government promotes small and micro enterprises to improve their soft power through the publicity of innovation culture. From the perspective of science and technology, government documents point out the macro development direction for the scientific research of small and micro enterprises. In addition, this paper points out the problems existing in small and micro technology enterprises under the government preferential policies, and puts forward reasonable suggestions for their development, so as to promote the healthy development of small and micro enterprises.