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SMEs still face funding shortfalls

By Li Sheng | 皇冠体育app Daily | Updated: 2010-09-16 07:47

Despite an optimistic overall business performance, small and medium-sized enterprises (SMEs) in 皇冠体育app are still suffering from financing difficulties, according to a recent report by the 皇冠体育app SME Association.

The report said the nation's general SME development index was 106.7 in the second quarter of this year, dropping 0.4 percentage points from the first quarter, a downturn after rise in three consecutive quarters.

The report was made after the association surveyed SMEs in industries ranging from construction, manufacturing, real estate, information, finance, trade and food services to transportation and logistics.

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