CHINA'S small and medium enterprises (SMEs) maintained their recovery momentum in October amid strengthening policy support for the private economy and investment, data from an industry association showed on Monday.
The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs from eight major industries, came in at 89 in October, up 0.3 points month-on-month, the highest growth rate since March 2023, the China Association of Small and Medium Enterprises said.
