Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's SMEs Development Index falls slightly in January

February 18, 2021


Abstract : The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs, fell 0.2 points from the previous month to 87 in January, the latest industry data showed.

BEIJING, Feb. 17 (Xinhua) -- The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs, fell 0.2 points from the previous month to 87 in January, the latest industry data showed.

The decline came after six straight months of gains or flat growth but the index remained the third-highest since the COVID-19 outbreak, according to the China Association of Small and Medium Enterprises.

The index contains multiple sub-indexes to gauge the performances and expectations of SMEs. A reading below 100 indicates dented vitality.

In January, the sub-indexes for the sentiment on the macroeconomy, operating cost, financing and labor force edged down but remained above 100.

Sub-indexes gauging sentiment in different sectors continued to diverge. The real estate index rose and wholesale and retail index remained flat, while the indexes of the transportation industry, the computer and software industry, and the accommodation and catering industry recorded a contraction streak.

The index went up in eastern and western regions, while it decreased in central and northeast China. Enditem

Scan the QR code and push it to your mobile phone

Keyword: SMEs Development Index

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial