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SME Recovery Remains Challenging - Association

CHINA PRESS

China's SME development index decreased by 0.1 pp in Q4 2023 to 89.1, below the prosperity threshold of 100, according to the China Association of Small and Medium Enterprises. Overall the index averaged 89.2 in 2023, higher than 88.4 in 2022 but lower than 89.6 in 2021. Surveyed firms showed a fall in all sub-indices showing China’s SME recovery remains a long and challenging process, according to the association. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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