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CHINA PRESS: China SME Index Upturn Shows Economic Recovery

CHINA PRESS
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China’s Small and Medium Sized Enterprise Index rebounded to 89.8 in February, up 0.8 points from January, reflecting increased demand and investment willingness, according to Liu Xiangdong, deputy director at the China International Economic Exchange Center. SMEs have boosted expectations and confidence after the implementation of positive macroeconomic policies, Liu added. Ma Bin, executive vice president at the China Association of SMEs, said firms’ operation and production accelerated after the Spring Festival. (Source: Securities Daily)

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China’s Small and Medium Sized Enterprise Index rebounded to 89.8 in February, up 0.8 points from January, reflecting increased demand and investment willingness, according to Liu Xiangdong, deputy director at the China International Economic Exchange Center. SMEs have boosted expectations and confidence after the implementation of positive macroeconomic policies, Liu added. Ma Bin, executive vice president at the China Association of SMEs, said firms’ operation and production accelerated after the Spring Festival. (Source: Securities Daily)