Latest News:  
Beijing   Sunny/Cloudy    15 / 5 ℃  City Forecast

English>>China Business

Santa's sleigh brings restored order to SMEs (4)

By Yu Ran (China Daily)

14:56, November 15, 2012

"The economy's overall climate is getting better, although a great many SMEs are still struggling with the high cost of labor and materials, and sluggish demand," said Shi Jinchuan, dean of the Zhejiang University School of Economics.

Shi added that the government must continue to prioritize SMEs as they remained crucial to overall economic growth.

"Many policies being introduced are aimed at encouraging SMEs to find more ways to solve their own problems - that might be in brand rebuilding or cash flow, or upgrading their operational structures, for instance," said Shi.

Shi added that although certain SMEs are still struggling with the lack of orders and high expenses for labor and materials, the situation is getting better for the final quarter with more output of products to meet the increasing demands from abroad.

yuran@chinadaily.com.cn

【1】 【2】 【3】 【4】


We recommend:

A Decade of Fastest Development

Eastern Boom Lightens Western Gloom

Oct. data released, inflation slows

Gold collection issued to mark 'Year of Snake'

Chinese firms 'potential Trojan horses'?

13th Int'l Automobile Industry Exhibition

China Int'l Industry Fair opens in Shanghai

Caofeidian coal wharf put into use

Canton Fair wraps up on Sunday

Email|Print|Comments(Editor:梁军)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. China’s J-10 fighters give performances

  2. Daily Review of Airshow China

  3. Sky-gazers gather in N. Australia

  4. 'Gangnam style' life of young rich

  5. Luxurious antique style vessel with 5D cinema

  6. Galaxy Soho building in Beijing

  7. Golden spots for viewing autumn

  8. Giant puppet play pranks with you

Most Popular

Opinions

  1. IPR pirates face tougher prison terms
  2. Why 'Diaosi' gets so popular in China
  3. Reliance on investment should be reduced
  4. Live and let learn
  5. Coddled kids in need of tougher sports
  6. Commentary: Turning point for growth
  7. Airline outlook: Less turbulence, more profit
  8. Playing well with concepts can influence world
  9. 'Eagle Dad' defends extreme parenting methods
  10. Commentary: Venture no further

What’s happening in China

'Gangnam style' life of young rich in Chongqing

  1. Sexologist calls for dating facilities on campus
  2. Duck snack subway station leaves a bitter taste
  3. Campus cuddle zones for couples
  4. Volleyball coach in sex scandal
  5. Elderly man rejected by son