App

China's SMEs report improved performance in Q3
Updated: October 11, 2023 06:55 Xinhua

BEIJING, Oct. 10 -- China's small and medium-sized enterprises (SMEs) recorded an increase in their activities in the third quarter (Q3) of this year, industrial data showed Tuesday.

The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs from eight major industries, came in at 89.2 in Q3, edging up 0.2 from Q2, the China Association of Small and Medium Enterprises said in a report.

The sub-indices for all eight major sectors remained lower than the boom-and-bust line of 100, but the transportation, postal and storage industry, the information transmission, computer service and software industry, and the accommodation and catering industry reversed the downward trend.

The association said that the Q3 data showed increasing positives, but the foundation of recovery remained unstable.

It called for greater efforts in macroeconomic adjustment and control as well as countercyclical regulation to achieve solid economic growth.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218