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China small businesses recovering PDF Print E-mail

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Tuesday, 23 March 2010

Chinese small companies are bottomed out, with sales recovering,  profit rising, demand for employment increasing, and debt-to-asset ratio falling, according to a survey report from the People’s Bank of China.

Still, economic indicators of small businesses are still lower than those before the crisis and a certain gaps still exist compared with large and medium-sized enterprises.

The central bank conducted the survey on 500 small-sized enterprises. The findings showed that currently, the comprehensive prosperity index of Chinese small-sized enterprises has touched the bottom and recovered to 49.9% by the previous quarter, up 3.6 percentage points compared with the low point of the first quarter of last year but down 1.6 percentage points from the period before the crisis.

 
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