China's economic confidence has risen for three consecutive months! Why does the development index of small and medium-sized enterprises continue to rise?

According to data released by the China Association of Small and Medium sized Enterprises on the 11th, with the implementation of a series of economic stable growth policies such as expanding domestic demand, reducing tax fees, promoting private enterprises, and active capital, the development index of small and medium-sized enterprises in China rose for the third consecutive month in August. Small and medium-sized enterprises are accelerating their recovery, and expectations are clearly improving.

Upon closer examination of the data, it can be found that the development index of small and medium-sized enterprises in China, which has risen to 89.4, is not only the highest value since March this year, but also the second highest point in the past year. This means that small and medium-sized enterprises have significantly improved their macroeconomic perception and market investment.

Some small and medium-sized enterprises related to people's livelihood, clothing, food, housing, and transportation have directly felt the warmth of the market. For example, in the recent summer, travel has driven up the prosperity of industries such as transportation, cultural tourism, and catering. The corresponding transportation index in the small and medium-sized enterprise industry index has achieved four consecutive months of growth, while the social service industry and accommodation and catering index have seen two consecutive months of growth. The recovery of data related to small and medium-sized enterprises is inseparable from the continuously improving external environment and the continuously strengthening endogenous driving force.

A series of stable economic growth policies have been continuously introduced, creating a relaxed development atmosphere for small and medium-sized enterprises. In the past period of time, with the influence of various factors such as economic and social development and global economic downturn, many small and medium-sized enterprises have faced problems such as rising production costs and declining profitability, and the pressure of survival and development has been increasing. In the critical period of overcoming difficulties for enterprises, it is necessary to timely introduce necessary policies to stimulate the vitality of small and medium-sized enterprises, promote their transformation and upgrading, and safeguard their rights and interests.

In the past few months, Shandong and other regions have successively introduced policies and measures to support the development of small and medium-sized enterprises, aiming to improve their business environment and promote their healthy development. The recent increase in vitality of small and medium-sized enterprises indicates that targeted policies such as tax reduction and fee reduction, as well as financial support, have been significantly effective.

From the perspective of endogenous driving force, small and medium-sized enterprises are gradually demonstrating their diligent practice and focus on high-quality development achievements. At the recent China International Fair for Trade in Services held in Beijing and the Chongqing Smart Expo, a group of small and medium-sized enterprises have received industry attention. These "specialized, innovative" and "little giant" enterprises have won widespread recognition in the market with their superb technology, excellent products, and thoughtful services. These "popular" small and medium-sized enterprises successfully "sample" by relying on competitiveness and innovation to obtain sustained development momentum. Under the empowerment of technological achievements, quality standards, brand values, and digitalization, small and medium-sized enterprises will become more agile and dynamic.

Small and medium-sized enterprises play an important role in taxation, employment, innovation, and other fields. Seizing the "outline" of small and medium-sized enterprises can boost the "goal" of economic development. The Spring River Water Warmth Duck Prophet is a small and medium-sized enterprise located at the end of economic activities and most sensitive to economic operation. With good expectations and confidence in the future, it will naturally expand production and increase investment. And these corporate activities will feed back into economic activities, making the market lively and flowing. The current important thing is to safeguard the recovery of small and medium-sized enterprises, consolidate the momentum of their development, and enable these enterprises to gain more full development momentum in the "golden nine silver ten" period, injecting a continuous stream of power to achieve this year's economic development goals.