China will step up its push to support the development of small and medium-sized companies that typically specialize in niche sectors such as electronics, software, new materials and new energy, command high market shares and boast strong innovative capacity, the country's top industry regulator said on Friday.

Minister of Industry and Information Technology Jin Zhuanglong said in a meeting with SMEs on Friday that the ministry will support such enterprises to strive to achieve new breakthroughs in scale and quality, digital transformation, industrial and financial cooperation, and international cooperation.