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 fund to lend to those firms.

China will also improve services for small companies by establishing 4,000 public service platforms for those firms, according to the statement.