China SMEs recovery momentum continues

By Xinhua News Agency

Aug 11, 2023 12:12 am

BEIJING: China's small and medium enterprises (SMEs) continued their recovery momentum in July 2023 amid strengthening policy support for the private economy and investment, data from an industry association showed on Wednesday.

The SME development index gained 0.2 points to 89.3 last month, the China Association of Small and Medium Enterprises said.

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