China’s SME Sector Growth Signals Economic Resilience
China’s SMEs show strong growth, signaling economic resilience as the latest Confidence Index reports increased activity, supported by policy measures and digital lending innovations.
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China’s SMEs show strong growth, signaling economic resilience as the latest Confidence Index reports increased activity, supported by policy measures and digital lending innovations.
China witnessed steady economic growth in October, with retail and manufacturing sectors accelerating, according to data from the National Bureau of Statistics.
China’s manufacturing sector rebounds as the PMI rises to 50.1 in October, marking a return to expansion and signaling strengthened economic momentum driven by increased production and market demand.
China’s major industrial firms saw profits rise by 3.4% year-on-year in the first five months, reaching 2.75 trillion yuan, with equipment manufacturing leading the growth, according to the NBS.