What signals does the increase in the Small and Medium sized Enterprise Development Index convey?
2025-04-11
According to data released by the China Association of Small and Medium sized Enterprises on the 10th, the development index of small and medium-sized enterprises in the first quarter of 2025 was 89.5, an increase of 0.5 points from the fourth quarter of last year, marking two consecutive quarters of growth. Among them, multiple segmented data indicators have significantly improved. What is the Small and Medium sized Enterprise Development Index? This index is compiled based on a survey of 3000 small and medium-sized enterprises in eight major industries of the national economy, using their judgment and expected data on the operation and production and operation status of the industry. It is a comprehensive index reflecting the economic operation status of small and medium-sized enterprises. With the continuous manifestation of the effects of a package of incremental policies, coupled with favorable conditions such as holiday consumption growth and various regions seizing the opportunity to start, the production and operation of small and medium-sized enterprises accelerated their recovery in the first quarter. The indicators of enterprise operating rate, orders, sales, etc. have steadily improved, and the level of prosperity has maintained the positive trend since the fourth quarter of last year Ma Bin, Executive Vice President of the China Association of Small and Medium sized Enterprises, said. Looking at the data, the current operation of small and medium-sized enterprises presents the following main characteristics: further improvement in development expectations - the "Spring River water warms the ducks' prophets", and the feelings of small and medium-sized enterprises in economic activities are often the most sensitive. In the first quarter, the macroeconomic sentiment index reflecting corporate expectations was 99.0, an increase of 0.5 points from the previous quarter. Among them, the macro situation perception index is 103.8, up 0.7 points; The industry situation perception index is 94.3, up 0.4 points. Behind the soaring data indicators, a series of measures aimed at small and medium-sized enterprises are indispensable. Since the beginning of this year, the policy warmth continuously released from the central to local levels has effectively reduced the burden on enterprises, and the confidence and confidence in the development of small and medium-sized enterprises have become stronger. This includes the release of the Implementation Measures for the Regulations on Fair Competition Review, the issuance of the Management Measures for the Development of Government Financing Guarantees to support small and micro enterprises and other business entities, and the deployment of special actions for small and medium-sized enterprises to provide overseas services. The further release of enterprise vitality - from orders, production to sales, inventory, market supply and demand conditions are important indicators of economic recovery. In the first quarter, the market index was 81.5, up 0.7 points from the previous quarter. Among the 8 industries surveyed, 5 industries have seen an increase in market indices. Among them, the market indices of information transmission software industry, social service industry, wholesale and retail industry, and transportation industry have increased significantly, rising by 1.5, 1.3, 1.1, and 1.1 points respectively. To cope with uncertain factors, many small and medium-sized enterprises seize opportunities and actively adapt to changes, such as increasing investment in digitalization and greening, actively participating in the "dual" construction and "two new" work, and firmly following the path of specialized, refined, distinctive and new development. In Ningbo, Zhejiang, Lingfeng Industrial Community gathers 88 small and medium-sized enterprises, focusing on high-end die-casting molds and automotive precision parts manufacturing; In Tongguan, Shaanxi, Shaanxi Jutai New Material Technology Co., Ltd. closely follows the international trend of new material development, focusing on research and development in key areas such as high-performance composite materials and new functional materials. It plans to increase research and development funds by more than 15% this year... The latest data shows that the number of science and technology and innovative enterprises in China has exceeded 600000, and a total of 14600 specialized and innovative "little giant" enterprises have been cultivated. The average research and development intensity of "little giant" enterprises is 7%, and they have become a driving force for the development of new quality productivity and the promotion of new industrialization. Small and medium-sized enterprises are the "capillaries" of the national economy. Only when small and medium-sized enterprises are good can the Chinese economy thrive. The high-quality development of small and medium-sized enterprises will help strengthen the resilience and momentum of the Chinese economy. The current changes in the external environment have brought many difficulties, and the development of small and medium-sized enterprises still faces challenges. The next step is to anchor the expansion of demand and the revitalization of consumption, accelerate fiscal investment and project commencement, fully mobilize the enthusiasm of private capital, effectively clear the accounts owed to small and medium-sized enterprises, continue to relieve difficulties and reduce burdens for enterprises, strengthen assistance for enterprises to expand into international markets, focus on cultivating new development drivers, and continuously consolidate the foundation for economic growth, "said Ma Bin. (New Society)
Edit:Yao jue Responsible editor:Xie Tunan
Source:XinhuaNet
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