China Institute of Small and Medium-Sized Enterprises, Zhejiang University of Technology was established on March 20, 2012, at Zhejiang University of Technology. The Institute was jointly initiated and founded by Zhejiang University of Technology and Zhejiang Provincial Small and Medium-sized Enterprises Bureau. China Institute of Small and Medium-Sized Enterprises will leverage the advantages of Zhejiang University of Technology in the research field of small and medium-sized enterprises, attract a group of well-known experts and scholars in the field of small and medium-sized enterprises both at home and abroad, and through the government-industry-academia-research cooperation model with the Zhejiang Provincial Small and Medium-sized Enterprises Bureau, endeavor to develop into a scientific research entity that integrates theoretical research, policy consultation, high-level talent training, and information services for small and medium-sized enterprises. Guided by governments at all levels and jointly initiated by Zhejiang University of Technology and Zhejiang Provincial Small and Medium-sized Enterprises Bureau, the Institute makes full use of the interdisciplinary advantages of economics, management, and engineering sciences, attracts high-level talents in the field of small and medium-sized enterprises from home and abroad to work at the Institute, launches in-depth research on the theory and practice of small and medium-sized enterprise development, promotes the transformation and upgrading of small and medium-sized enterprises, and proposes reference suggestions for government decision-making, becoming a commanding height for "think tanks", "information banks", and "talent pools" in the field of small and medium-sized enterprises in China.