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SMEs help boost China's economy

BEIJING: A legion of small but specialized enterprises in China and in the entire Association of Southeast Nations (Asean) has sprung up with greater visibility for their increasingly important role in cementing the country's industrial strength.

These enterprises, dubbed 'little giants,' represent the novel elites of China's small- and medium-sized enterprises (SMEs) that are engaged in manufacturing, specialize in a niche market and boast cutting-edge technologies.