Free Trial

Q1 China SME Index Rises

CHINA PRESS

The China SME development index reached 89.3 in Q1, up 0.2 points from the previous quarter, but below the prosperity threshold of 100, according to the China Association of SMEs. The sub-index for the industrial sector rose 0.4 points, while construction fell by 0.2. The data showed companies still needed policy support to optimise development and enhance momentum, according to Liu Xiangdong, deputy director of the Center for International Economic Exchanges. Ma Bin, vice president of the China Association of SME, said firms had benefited from the Spring Festival holiday and an acceleration in production. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.