In the second quarter, the SME development index was 90.3, and the decline was expanded.

According to the latest statistics, the China Small and Medium Enterprises Development Index (SMEDI) in the second quarter was 90.3 points, down 2.3 points from the first quarter and expanding from the previous quarter's 0.9 point. The overall situation of SMEs is basically consistent with the trend of slowing down the national economy, but the downward pressure is even greater. The China SME Development Index survey was conducted by the China Small and Medium Enterprises Association. The survey shows that the current market situation facing enterprises is more severe, and it is difficult for enterprises to make major changes in product order quantity and product sales volume, which will continue to affect the macroeconomic feelings and investment willingness of enterprises. At the same time, the production costs of enterprises will continue to fall, and some industries such as industry and real estate will gradually stabilize.

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