Is registering a .biz domain worthwhile? What are the advantages of a .biz domain?
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Many people have their own opinions about this domain name suffix, and many beginners may not be familiar with it either. Today, let's talk about some information about this domain name suffix!
On January 2, 2018, the Ministry of Industry and Information Technology issued a document summarizing the establishment and operation of the National Small and Medium-sized Enterprise Development Fund. To implement the spirit of the 104th Executive Meeting of the State Council on September 1, 2015, and the Ministry of Industry and Information Technology's "Reply of the State Council on the Establishment of the National Small and Medium-sized Enterprise Development Fund" (Guo Han (2015) No. 142), the Ministry of Science and Technology, the National Development and Reform Commission, and the State Administration for Industry and Commerce actively promoted the establishment and operation of the National Small and Medium-sized Enterprise Development Fund's physical funds. In 2016, four physical funds were established and put into operation, with a total scale of 19.5 billion yuan.
Under the guidance of the Fund Council, the National Small and Medium-sized Enterprise Development Fund's physical funds fully leverage the leading and driving role of equity investment in small and medium-sized enterprises, actively supporting the development of innovative small and medium-sized enterprises. As of the end of December 2017, the four entity funds had completed 130 investment projects, totaling 3.824 billion yuan. These investments covered ten key areas of "Made in China," including high-end equipment manufacturing, new energy and new materials, biomedicine and information technology, and major health-related industries, as well as consumer goods and modern services, energy conservation and environmental protection, and internet new media. The projects were distributed across East China, South China, Central China, Northeast China, North China, and Western China, essentially covering all regions of the country, considering investments in less developed areas.
Why is .biz suitable for global SMEs? However, SMEs often face problems such as narrow market channels, poor information flow, and a lack of talent and capital.
During the 13th Five-Year Plan period, the state launched the "Internet + Micro and Small Enterprises Special Action," strongly supporting the comprehensive integration of SME resources with internet platforms. In August 2017, the Ministry of Industry and Information Technology and the China Council for the Promotion of International Trade issued a notice on supporting SMEs' participation in the "Belt and Road" initiative, encouraging SMEs to utilize e-commerce to expand into international markets. E-commerce has become a significant accelerator for SME development, helping them break free from their previously limited space and reduce marketing costs. When conducting e-commerce, website selection should be carefully considered. The .biz domain is simple, clear, and easy to remember; it is a global business domain. Its use will help improve brand reputation. Regardless of the company's location or the extent of its market reach, .biz is the best choice for SMEs to conduct e-commerce.
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