China’s Small and Medium Enterprises Development Index has risen for three consecutive months

Published: Sep 11, 2023 19:50
China Association of Small and Medium Enterprises announced today (September 11) that with the introduction and implementation of a series of economic stabilizing growth policies such as expanding domestic demand, reducing taxes and fees, promoting private enterprises, and activating capital, China’s Small And Medium-Sized Enterprise Development Index (SMEDI) rose for the third consecutive month in August.

China Association of Small and Medium Enterprises announced today (September 11) that with the introduction and implementation of a series of economic stabilizing growth policies such as expanding domestic demand, reducing taxes and fees, promoting private enterprises, and activating capital, China’s Small And Medium-Sized Enterprise Development Index (SMEDI) rose for the third consecutive month in August. SMEDI in August was 89.4, an increase of 0.1 points from July. And the month-on-month increase was 0.2 points in June and July.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China’s Small and Medium Enterprises Development Index has risen for three consecutive months - Shanghai Metals Market (SMM)