The SME development index stopped falling and picked up in November
The production and operation of small and medium-sized enterprises maintained a stable recovery trend
China Association of small and medium-sized enterprises released the latest economic operation of China's small and medium-sized enterprises on the 9th. The data show that under the joint action of factors such as the stabilization of economic operation and the continuous exertion of the effects of various enterprise benefit and rescue policies, the SME development index ended its downward trend for seven consecutive months in November and rebounded to 86.3, an increase of 0.2 points over the previous month.
'In November, the comprehensive operation and macroeconomic perception index of China's small and medium-sized enterprises increased significantly, reflecting the positive results of epidemic prevention and control in China and the continued resilience of economic development.' Ma Bin, executive vice president of China Association of small and medium-sized enterprises, analyzed that in November, the development index of small and medium-sized enterprises reflected the operation of domestic small and medium-sized enterprises, showing the following main characteristics——
Business confidence has recovered. With the implementation of a series of national policies to ensure supply and stabilize prices and benefit enterprises, both supply and demand have recovered, especially the high price of bulk commodities has dropped, and enterprise confidence has been boosted. The macroeconomic feeling index reflecting enterprise confidence was 99.9, up 0.3 points from the previous month. Specifically, the macro perception index reflecting enterprises' views on the current macroeconomic situation was 107.1, up 0.4 points from the previous month, higher than the boom threshold of 100.
The market is expected to recover. A series of enterprise benefit and relief policies have come into effect one after another, which helps to smooth the industrial chain and supply chain and stabilize market expectations. In November, the market index was 79.0, up 0.1 points from the previous month. Among the eight industries surveyed, the domestic order index and sales volume index of four industries increased.
On the whole, despite the adverse factors such as the rise in raw material prices and the spread of the epidemic, the production and operation of domestic small and medium-sized enterprises still maintained a stable recovery trend. According to the latest data from the Ministry of industry and information technology, from January to October, the operating revenue and total profit of small and medium-sized industrial enterprises above designated size increased by 21.5% and 30.4% respectively year-on-year, with an average increase of 9.7% and 17.4% respectively in the two years. The Ministry of industry and information technology's monitoring of large power consumption data of small and micro enterprises shows that in October, the prosperity index of small and micro enterprises was 100.4, which was in the boom expansion range for two consecutive months.