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.
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