SME development index rises for two consecutive months
Financial tension has eased, and corporate benefits have rebounded from a low level
This newspaper, Beijing, January 16 (Reporter Han Xin) The China Association of Small and Medium Enterprises recently announced the operation of small and medium-sized enterprises in my country in December 2021.
The data shows that with the implementation of the policy of ensuring supply and price stability and helping enterprises to bail out, industrial production continues to pick up, energy supply guarantees are strengthened, and the rise in commodity prices is under control. The SME development index in December was 86.4, an increase from the previous month. 0.1 points, rising for two consecutive months.
"In December 2021, some leading indicators of economic operation improved, showing signs of bottoming out. The SME benefit index and capital index increased significantly, reflecting the continued resilience of economic development." Ma Bin, executive vice president of the China Association of Small and Medium Enterprises According to the analysis, in December, the SME development index reflected the following main characteristics of the operation of SMEs:
Market expectations have recovered.
A series of policies to boost economic vitality, reduce taxes and fees, and financially support small and medium-sized enterprises have played a role, fully reflecting the requirements of cross-cycle adjustment, helping to smooth the industrial chain and supply chain, and stabilize market expectations.
The market index of small and medium enterprises in December was 79.2, up 0.2 points from the previous month.
Financial constraints have eased.
The central bank consolidates and enhances the effect of two direct-to-real economy monetary policy tools, improves the convenience of supply chain financing for small and medium-sized enterprises, and helps small and medium-sized enterprises ease financing difficulties.
The capital index in December was 101.6, up 0.3 points from the previous month, and higher than the prosperity threshold of 100; the financing index was 89.1, up 0.4 points; the liquidity index was 85.5, up 0.2 points.
Enterprise efficiency rebounded from a low level.
Although the current profit differentiation of upstream and downstream industries has not improved significantly, the policy of ensuring supply and stabilizing prices has eased the cost pressure of downstream small and medium-sized enterprises, and corporate benefits have improved.
The benefit index in December was 61.6, up 0.4 points from the previous month.
The willingness of enterprises to invest slightly improved.
A number of relief policies for small and medium-sized enterprises have continued to exert force, and enterprises' willingness and confidence to invest has recovered.
The input index in December was 81.2, up 0.2 points from the previous month.
"In the fourth quarter of last year, the development index of small and medium-sized enterprises was 86.5, down 0.2 points from the previous quarter, and the decline narrowed by 0.3 points. The overall situation is still slowing down." Ma Bin said that in the first quarter of this year, the development of small and medium-sized enterprises was still faced with rising costs and unpredictable expectations. Multiple risk challenges such as stability and increased accounts receivable.
To promote the continuous recovery of small and medium-sized enterprises and difficult industries, we must continue to implement new tax cuts and fee reductions for market players, and help small and medium-sized enterprises and individual industrial and commercial households relieve their burdens and restore development.
It is necessary to maintain a reasonable and sufficient liquidity, increase financing support for the real economy, and promote the increase, expansion and price reduction of financing for small and medium-sized enterprises.