China's small and medium-sized enterprise development index rose to 89.0 in October, the biggest increase this year - Chinese report

On the 11th, the China Association of Small and Medium Enterprises announced that the Small and Medium Enterprise Development Index for October rose 0.3 points from the previous month to 89.0. This is the largest increase this year and the highest monthly increase since last year's 3.
The increase was the largest since May. The macroeconomic sentiment index, cost index, labor force index, input index, and profit index all turned from a decline to an increase. The overall management index and capital index were flat to
The market index continued to rise, turning upward. This shows that the production management of small and medium-sized enterprises is improving and the economic level is recovering. This is the second time since March this year that the overall item index has risen.
By industry, the manufacturing index continued its upward trend from the previous month, while construction, transportation, real estate, social services, and accommodation and food services all turned from a decline to an increase.
The clothing industry turned from an uptrend to a downtrend. Overall, the industry is showing signs of recovery. According to the association's survey, the market indexes of six of the eight major industries in the national economy rose. Among them, social services
The industry increased significantly by 1.0 point compared to the previous month, the real estate industry increased by 0.7 points, and the transportation industry increased by 0.6 points.