Interviews
China's SMEs show stable recovery in Oct 2022; SME index at 88.2
30 Nov '22
1 min read
Pic: Shutterstock/ humphery
China’s small and medium-sized enterprises (SME) development index stood at 88.2 in October 2022, which is the same as the level marked in September, thus reflecting a consistent recovery since the third quarter of 2022. The index measured is determined based on a recent study of 3,000 SMEs as per the China Association of Small and Medium Enterprises.
The SME development index also comprises several sub-indices to evaluate expectations and performances of SMEs. The sub-index for industry rose to 0.1 point from September 2022, according to various Chinese media reports.
Moreover, the sub-indices gauging the market activities, profits, and confidence of SMEs jumped in October 2022 after experiencing a drop in September.
Fibre2Fashion News Desk (NB)
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
