Home » Business » China’s medium and small enterprises have recovered their economic activity in 2023. – 2024-02-14 03:01:31

China’s medium and small enterprises have recovered their economic activity in 2023. – 2024-02-14 03:01:31

/ world today news/ According to data from the Ministry of Industry and Informatization, in 2023, the economic activity of medium and small enterprises recovered and their operating indices continued to grow, showing the flexibility and vitality of the sector.

In 2023, the added value of small and medium-sized industrial enterprises above a certain size increased by 4.7% on an annual basis, and for the month of December the increase was by 7.7% compared to the same period of the previous year.

Since October last year, the index for the domestic trade of medium and small enterprises continues to recover – 51.4% in December, which represents a growth of 3.9% compared to that in November.

The export index is also within favorable limits and terms of trade have improved significantly.

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