In September, the national SME development index was 88.2, which remained basically stable. What does this mean?

This data shows that the development of our small and medium-sized enterprises is relatively good, and many small and medium-sized enterprises have also achieved corresponding recovery.

To some extent, in order to further help us achieve economic recovery, we have introduced various measures to encourage the development of small and medium-sized enterprises and provide them with more relaxed financing channels. In this case, small and medium-sized enterprises in many industries have developed very well, and even some small and medium-sized enterprises have returned to the epidemic to emphasize economic scale, which is also a very good trend in itself.

What data is this?

This is a data survey from our small and medium enterprises. In September, the national development index of small and medium-sized enterprises reached about 88, which was about 0.5 percentage points higher than before. Although the increase of this data is not large, it also shows that the development index of our small and medium-sized enterprises is relatively stable, and it also shows that the operating environment of small and medium-sized enterprises is relatively stable.

This data shows that the economic recovery of SMEs is very good.

Prior to this, affected by the COVID-19 epidemic and Sino-US economic and trade frictions, the production and operation of small and medium-sized enterprises were severely impacted, so many small and medium-sized enterprises also faced corresponding business crises. It is precisely because many cities have introduced various measures to encourage the development of small and medium-sized enterprises, so the recovery of these small and medium-sized enterprises is very good, and some enterprises are also adjusting their business strategies in various ways to gradually adapt to the laws of market development.

Finally, from the current situation, there are mainly the following problems: First, the impact of the COVID-19 epidemic on the operation and production of small and medium-sized enterprises has not been completely eliminated, the operating costs of some small and medium-sized enterprises have risen rapidly, the market competition pressure is greater, and the sustainable development of enterprises is facing shortcomings. Second, some small and medium-sized enterprises are not able to resist risks, so they need to pay more attention to the overall recovery of small and medium-sized enterprises.