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In recent decades, there has been an increasing number of micro and small enterprises (MSEs), along with a faster tendency in their development. Furthermore, the development of job possibilities, national tax revenue, and the nation's economy have all benefited greatly from the efforts of micro and small enterprises. Micro and small enterprises must contend with a challenging environment in order to survive, and most struggle to stay in business for an extended period of time. This article uses a literature review method to identify, compare, and analyze a huge amount of journal literature in order to investigate opportunities and strategies for the sustainable development of micro and small enterprises. From the perspective of financial institutions, the government, and micro and small enterprises, help them make the most of the unfavorable credit environment and foster talent and innovation.
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Jinglin Wang (2024) studied this question.
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