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MNI BRIEF: China July SME Index Stabilises

MNI (BEIJING)
MNI (Beijing)

China’s SME development index reached 88.9 in July, unchanged from June and reversing the downward trend since April’s yearly high of 89.4, data from the China Association of Small and Medium-sized Enterprises showed on Friday.

The macroeconomic perception, construction and real estate sub-indexes increased by 0.1 points, offset by a 0.1 point fall from the retail sector.

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China’s SME development index reached 88.9 in July, unchanged from June and reversing the downward trend since April’s yearly high of 89.4, data from the China Association of Small and Medium-sized Enterprises showed on Friday.

The macroeconomic perception, construction and real estate sub-indexes increased by 0.1 points, offset by a 0.1 point fall from the retail sector.

Keep reading...Show less