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What has the right to arrange the SME development fund?
Government and enterprises.

SME Development Fund refers to a fund established to promote the development of SMEs. Usually funded by the government or enterprises, managed and used by specialized agencies.

The government can support the development of small and medium-sized enterprises through various policy means, such as setting up special funds, introducing financial subsidies and tax incentives. Enterprises can also provide financial support for small and medium-sized enterprises through self-financing and financing.

Small and medium-sized enterprise development fund can be used to support technological innovation, market development, personnel training and capital turnover of small and medium-sized enterprises, and promote their development and growth.