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BEIJING, Feb. 1 (Xinhua) -- China's State Council, or the Cabinet, on Wednesday called for more efforts to support the sound development of small and micro-sized enterprises."Small and micro-sized firms serve as a significant channel for creating jobs, a major platform for the growth of entrepreneurship, and an important force of scientific innovation," according to a statement released Wednesday after a State Council executive meeting presided over by Premier Wen Jiabao.Further supports for small and micro enterprises are crucial as they are still facing great operating pressures, rising costs and financing difficulties, the statement said.China's central government will earmark 15 billion yuan (2.38 billion U.S. dollars) to establish a development fund for small and medium-sized enterprises, particularly focusing on newly-formed ones.The country will strive to relieve the financing difficulty of those small companies, the statement said.It will establish an evaluation system to provide incentives for commercial banks offering credit to small firms, and support qualified banks to issue financial bonds to get funds to lend to those firms.The development of small financial institutions will be accelerated, and the country will relax restrictions on the usage of private capital, foreign capital and funds from international organizations in setting up small financial institutions.The country is also going to support small and micro-sized firms to seek financing by becoming listed on the stock market, the statement said."The central government will expand the fund for technology upgrading and give its priority on supporting small and micro-sized firms to apply new technologies, new techniques and equipment," it said.The government will encourage the opening of small enterprises by supporting 3,000 bases for incubating small business.

The CPC Central Committee has led the Party and the nation to accomplish remarkable progress in national construction in 2011, Li said.

Hong Kong held the election for the fourth-term chief executive on March 25, when Leung won 689 of the 1,132 votes cast by members of the 1,200-member Election Committee. He was appointed by the State Council as the new HKSAR chief executive on March 28.

The company apologized for the production of nine batches of contaminated products between Feb. 4 and 8. However, it reassured that the nine batches of beverages produced by the plant between February 4 and February 8 are safe to consume and pose no harm to human health.

According to the statement, supervision over local financial institutions, non-banking financial institutions and private financing will also be strengthened in 2012.