Positive Signs from China’s SMEs Amidst Modest Manufacturing Growth
Tuesday, 2 April 2024, 12:00
China’s SMEs and Manufacturing
The business conditions index, which surveys small and medium-sized firms in China’s private sector, rose from 51.6 in February to 52.1 in March, highlighting modest gains in manufacturing activities.
Positive Trend but No Strong Rebound Yet
The increase in the index indicates positive signs for SMEs, but a significant rebound trend is still awaited to boost the overall economic recovery.
Key Points:
- Business conditions index rose to 52.1 in March
- Modest gains observed in manufacturing activities
- Strong rebound trend yet to materialize
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.