Economy

The growth momentum of small and medium-sized enterprises is improving

2023-04-28   

The data released by the China Association of Small and Medium Enterprises recently shows that the development index of small and medium-sized enterprises in the first quarter was 89.3, an increase of 1.3 points from the previous quarter, reversing the continuous downward trend since the second quarter of 2021, with the highest increase since the fourth quarter of 2020. Since the beginning of this year, with the continuous efforts of various stable growth policies and follow-up measures, the economic cycle has accelerated and unblocked, production demand has significantly improved, employment prices have remained generally stable, market expectations have improved, and the economic operation has shown a trend of stabilization and recovery. In Zhu Yu's view, the rapid recovery of the operating conditions of small and medium-sized enterprises is mainly due to the significant increase in domestic market demand. With the further release of dividends through policies such as tax reduction and fee reduction, and expansion of consumption, the market prosperity has been effectively improved. In the 8 industries we surveyed, the accommodation and catering industry, transportation, postal warehousing industry, information transmission computer service software industry, real estate industry, and social service industry all showed a significant rebound compared to the previous quarter. According to the latest data released by the National Bureau of Statistics, in the first quarter, the added value of wholesale and retail industries, accommodation and catering industries increased by 5.5% and 13.6% year-on-year, respectively; The business passenger volume and passenger turnover increased by 26.3% and 61.8% respectively year-on-year; The added value of information transmission software and information technology services, finance, leasing, and business services increased by 11.2%, 6.9%, and 6.0% year-on-year, respectively. The improvement of economic vitality in the service industry has injected momentum into the steady development of small and medium-sized enterprises in this field. As an energy-saving service company, our business situation is closely related to energy consuming enterprises. Taking the hotel industry enterprise we serve as an example, the recent increase in domestic residents' travel has been significant, and the hotel industry market has been recovering steadily and making progress. The rebound in its operating revenue has led to a significant improvement in our payment collection, "Zhang Kexin, assistant general manager of Beijing Xuliande Energy Conservation Technology Co., Ltd., told reporters, The company's key service areas have shown a rapid growth trend, and the development of new businesses is also being carried out in an orderly manner, which has basically returned to pre epidemic levels. In addition, the construction of a batch of key projects has also brought development opportunities to small and medium-sized enterprises upstream and downstream of the industrial chain. "In the first quarter, the investment in projects with a total planned investment of 100 million yuan or more grew by 12.3% year on year, and the investment in manufacturing industry grew by 7.0% year on year. It is worth noting that the investment in high-tech industries grew by 16.0% year on year, 10.9 percentage points higher than all fixed assets investment." Zhai Shanqing, director of the Statistics Department of fixed assets investment of the National Bureau of Statistics, believes that the construction of 102 major projects and other major economic and social projects in the 14th Five Year Plan should be promoted in an orderly manner, Actively expanding effective investment and boosting market confidence. Although the economic development achieved a stable start in the first quarter and the operating conditions of enterprises improved, small and medium-sized enterprises still face many difficulties in production. Zhu Yu introduced that issues such as tight cash flow, high labor costs, and financing difficulties are still prominent, especially the impact of accounts receivable arrears on enterprise development. In response, Zhu Yu suggested maintaining the continuity of relief policies, improving the transparency and predictability of regulatory policies, and helping small and medium-sized enterprises recover their vitality. Strengthen the implementation of the Regulations on Ensuring Payment of Funds for Small and Medium sized Enterprises, and improve

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:economic dairy

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