The development index of small and medium-sized enterprises in China has risen for three consecutive months
The China Association of Small and Medium sized Enterprises announced today that with the implementation of a series of economic stability growth policies such as expanding domestic demand, reducing tax fees, promoting private enterprises, and promoting active capital, the development index of China's small and medium-sized enterprises has risen for the third consecutive month in August.
The development index of small and medium-sized enterprises in China in August was 89.4, an increase of 0.1 points from July. This is the third consecutive month of increase, following a 0.2 point increase in June and July respectively.
In the sub indices of the China Small and Medium sized Enterprise Development Index, the macroeconomic sentiment index, comprehensive operation index, market index, and investment index have all increased for three consecutive months, while the transportation index in the sub industry index has achieved four consecutive months of increase. The social service industry and accommodation and catering index have been on the rise for two consecutive months.
![The development index of small and medium-sized enterprises in China has risen for three consecutive months](https://a5qu.com/upload/images/774ea123e02601ca7b116e3bac99030e.png)