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Thursday, November 28, 2024

Home Business Business climate of China’s SMEs improves in December

Business climate of China’s SMEs improves in December

by News desk
January 16, 2022
in Business

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Small and medium-sized enterprises (SMEs) in China reported better operation conditions last month, according to an industrial group.

The China Association of Small and Medium Enterprises said that its monthly index tracking the performance of 3,000 SMEs from eight major sectors gained for the second straight month to 86.4 in December, up from 86.3 in November and 86.1 in October.

The association added that the development of SMEs in December featured recovering market expectations, curbed cost increases, stable employment, and improved investment sentiments. —Xinhua