Survey captures small and medium-sized companies' concerns

Rising labor costs, financing difficulties and tax issues continue to be the key concerns of enterprises, according to a survey released on Tuesday.

The China Center for Promotion of SME Development surveyed more than 4,000 enterprisers across 31 provinces.

Rapidly rising labor cost remains top of the major concerns among enterprises, and 79 percent of them have reflected this issue, 10 percentage points higher than the previous year. Meanwhile, 66 percent of respondents have complained about the high cost of financing, 6 percentage points up compared with last year, said Qin Zhihui, director of the center.