The Ministry of Industry and Information Technology on March 8 unveiled a detailed plan to support the country's small and micro-sized enterprises, a sector that continues to face operation challenges.

Small and micro-sized companies have faced great operating pressures and rising costs, the plan notes.

It aims to promote the growth quality and efficiency of those enterprises by providing better public services, further improving financing services and alleviating their operating burdens.

The country will support more than 500 financing firms to help small enterprises get financing this year, according to the plan.

China will also provide training for 500,000 management personnel and 1,000 business leaders.

Small and micro-sized firms in China serve as a significant channel for creating jobs and spurring entrepreneurship.