Outlook brisk despite challenging times
By Shen Ji | China Daily | Updated: 2008-09-22 07:42
Some of the small and medium-sized enterprises (SMEs) in China facing operational crises have walked out of the shadow with a basket of positive policies from the central and local governments.
Industrial insiders believe that the prospect of SMEs remains brisk despite the negative market elements due to strong government support and timely strategic restructuring.
According to the latest statistics released by the National Development and Reform Commission, SMES polled around the country achieved 6.58 trillion yuan industrial output in the first five months of this year. Their profits increased by 30.8 percent from a year ago to reach 625.8 billion yuan.
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