Note: All raw data are from official data, and this report is only for data visualization reference and convenient viewing. The correlation analysis is mainly automatically generated by the "Shenzhen Qiancheng Internet Finance Research Institute - Lingxi Digital Intelligence System", and the results may be a little biased because the comparison caliber is not exactly the same. If there are any errors or omissions, please correct them. ）
As the economy continues to bottom out in fluctuations and twists and turns, coupled with the intensive introduction and continuous efforts of various support policies, the confidence in the development of small and medium-sized enterprises has recovered, and the development index of small and medium-sized enterprises has stopped falling and rebounded, indicating that they are still resilient in the face of economic fluctuations.
In November, the SME Development Index (SMEDI) was 893. Up 0 from the previous month2 points, ending two consecutive months of decline, and higher than the same period in 2021 and 2022. Although it is still below the critical threshold of 100, it is a positive sign that SMEs can continue to thrive in the face of adversity.
Among the eight sub-indices that make up the SME Development Index, all but the capital index remained unchanged from the previous month. Among them, the macroeconomic sentiment index and the comprehensive business index have rebounded most obviously, indicating that the confidence of small and medium-sized enterprises in the future is gradually recovering, and the overall business conditions of enterprises are also improving. In addition, the input index rose by 06 points, the largest increase, which reflects the positive attitude of small and medium-sized enterprises in fixed asset investment and science and technology investment.
From the perspective of the industry, the indices of the six major industries, including information transmission software, real estate, construction, industry, social services, and wholesale and retail, have all risen, indicating that the operation of small and medium-sized enterprises in these industries is improving. This is like a colorful picture, and the development of small and medium-sized enterprises in various industries is like a beautiful landscape, showing the vitality and strong resilience of China's economy.
Since the beginning of this year, China's SME development index has generally shown a wave-shaped upward trend. In total, the first 11 months rose by 14 points. Among them, the macroeconomic sentiment index rose by 24 points, the composite business index rose by 21 point, the input index rose by 19 o'clock. These data show that the confidence and market expectations of small and medium-sized enterprises are gradually picking up.
However, although the development of SMEs has shown some positive trends, there are still some problems and challenges. China's SME financial index remained satisfactory in November.
OneCosts for businesses continue to rise
Costs for businesses continue to riseAlthough the upstream raw materials** have declined, the rise in labor and other related costs has put pressure on small and medium-sized enterprises in the middle and lower reaches. In November, the cost index was 1128, up 02 points, but still running at a high level. Of the 8 industries surveyed, 6 saw an increase in the labor cost index. This has undoubtedly put more pressure on the operation of small and medium-sized enterprises.
IICorporate financing remained stable
*The Financial Work Conference listed inclusive finance as a key focus of its work, and financial institutions actively responded to and implemented it, and continued to achieve results. In November, the money index was 1008, the same as the previous month, at the critical value of the boom above 100. Among them, the financing index is 912. Up 07 points. The liquidity index is 857, up 0 from the previous month6 points. Seven of the eight industries surveyed saw increases in the financing index and liquidity index. These data show that the financing situation of SMEs is improving.
IIILow corporate efficiency**
Market demand has recovered, sales have improved, but the pressure on operating costs has not decreased, and the overall efficiency of enterprises is still not optimistic. In November, the efficiency index was 744, up 0. from the previous month2 points, still at an all-time low. Behind this figure is that the business conditions of small and medium-sized enterprises are still grim, and improving economic efficiency is still an important task for them.
Fourth, summary
The development of small and medium-sized enterprises in November showed positive changes. Although facing some difficulties and challenges, such as rising costs for enterprises and difficulties in financing, with the continuous support of policies and the improvement of the market environment, we have reason to believe that small and medium-sized enterprises will be able to overcome these difficulties and continue to contribute to the country's economic development. Looking ahead, we look forward to seeing more policy measures introduced to support the healthy development of SMEs. We look forward to seeing financial institutions more flexible and innovative ways to provide diversified financing channels for SMEs; We look forward to seeing the further improvement and enhancement of the business conditions of small and medium-sized enterprises; Looking forward to seeing a better tomorrow for China's economy!
To be continued).