SME exports remain on steady track in July

Employees work at a garment production facility in Fuzhou, Fujian province, in March. [XIE GUIMING/FOR CHINA DAILY] Exports by China’s small and medium-sized enterprises remained in positive territory in July, with the purchasing managers’ index for the sector above a threshold separating expansion from contraction, according to an industry report. The PMI for SMEs (B2B) … Continue reading SME exports remain on steady track in July

Survey: High interest rates not spooking Hong Kong SMEs

Currencies of different countries. [Photo/Sipa] Investment sentiment among small and medium-sized enterprises in Hong Kong has generally not been affected by high interest rates, with 92 percent of surveyed firms planning to maintain or increase their overall investments this quarter, which is on a par with the previous quarter, according to a recent survey. Although … Continue reading Survey: High interest rates not spooking Hong Kong SMEs

Small, medium firms put up steady Q2 performance

Employees assemble a drone at an industrial park for small and medium-sized enterprises in Lianyungang, Jiangsu province, in July. [GENG YUHE/FOR CHINA DAILY] China’s Small and Medium Enterprises Development Index stood at 89.4 in the second quarter, with a steady recovery of the private sector during the period. The China Association of Small and Medium … Continue reading Small, medium firms put up steady Q2 performance

China to improve construction of financing credit service platforms

A clerk counts cash at a bank in Nantong, Jiangsu province. [Photo/Sipa] BEIJING — China has released an action plan on strengthening the building of financing credit service platforms to facilitate the financing of micro, small and medium-sized enterprises. The guideline, issued by the General Office of the State Council, urges efforts to better coordinate … Continue reading China to improve construction of financing credit service platforms