CCTV News: The latest data released by the State Administration of Taxation shows that at the end of September 2024, since the implementation of the package of incremental policies, market confidence has been effectively boosted and the momentum of economic development has continued to increase. From October 2024 to February 2025, the national corporate sales revenue increased by 1.1 percentage points compared with the third quarter of 2024.

VAT invoice data shows that from October 2024 to February 2025, manufacturing sales revenue increased by 3.6% year-on-year. Among them, the sales revenue of the equipment manufacturing industry increased by 8.7% year-on-year, especially the sales revenue of the railway, ship, aerospace equipment manufacturing industry and computer communication equipment manufacturing industry grew rapidly, with a year-on-year increase of 9.3% and 11% respectively.

At the same time, emerging industries have grown well. Sales revenue from high-tech industries increased by 10.6% year-on-year, and sales revenue from core industries of the digital economy increased by 5.6% year-on-year.

Driven by large-scale equipment updates and consumer goods trade-in policies, from October 2024 to February 2025, the amount of machinery and equipment purchased by enterprises nationwide increased by 7.1% year-on-year; the retail sales of household audio-visual equipment such as TVs and refrigerators, daily home appliances such as refrigerators increased by 23.3% and 56.1% year-on-year respectively.

Ecological and environmental protection services are growing rapidly, and the clean energy industry is developing rapidly. Sales revenue of green technology promotion services such as new energy, energy conservation, and environmental protection increased by 29.3%, 26.8% and 12.1% year-on-year respectively; sales revenue of clean energy industries such as solar energy, biomass energy, and wind power increased by 26.7%, 10.9% and 6.1% year-on-year respectively.

At the same time, the construction of a unified national market has been carried out in an orderly manner, with inter-provincial sales accounting for nearly 40% of the national enterprise sales revenue, an increase of 0.4 percentage points year-on-year, and sales revenue of the transportation and logistics industry increased by 8.3% year-on-year. China's small and medium-sized enterprise development index rose sharply in February

The China Small and Medium-sized Enterprises Association announced on March 12 that due to multiple factors such as rising corporate confidence and steady improvement in market demand, China's small and medium-sized enterprise development index in February was 89.8, setting a record high in the past four years.

Data shows that in February, China's small and medium-sized enterprise development index rose by 0.8 points from January, which is also the largest increase in more than two years.

In February, the various sub-index and sub-industry index of China's Small and Medium Enterprises Development Index rose across the board. It shows that the development expectations of small and medium-sized enterprises have improved significantly, market demand has steadily increased, corporate investment willingness has increased, and efficiency has improved. Compared with January, the comprehensive operating index, efficiency index and wholesale and retail index all increased by more than 1 point. The industrial index, wholesale and retail index and social service index all hit new highs in more than three years.

The survey by the China Association of Small and Medium Enterprises also showed that in February, the proportion of enterprises that fully started construction accounted for 52.5%, up 7.2 percentage points from the previous month, which is the first time this number has exceeded 50% in nearly a year. Transformation and upgrading promote the development of small and medium-sized enterprises towards high-end development

The survey by the China Small and Medium-sized Enterprises Association shows that in the process of transformation and upgrading, small and medium-sized enterprises seize the development opportunities brought by new quality productivity and are accelerating their development towards high-end and intelligent development.

The survey by the China Small and Medium Enterprises Association shows that in recent years, small and medium-sized enterprises have continued to increase investment in R&D and continued to accelerate the pace of transformation and upgrading.

In Hangzhou, Zhejiang, the company has just completed automation and digital transformation in 2024, and has ushered in a "good start" in the first quarter of 2025.

The survey of the China Small and Medium Enterprises Association also shows that with the improvement of corporate benefits. In February, the investment index of seven of the eight industries surveyed was rising, indicating that companies' willingness to expand production increased.

According to statistics, the number of specialized and new small and medium-sized enterprises in my country has exceeded 14,600, and the number of specialized and new "little giant" enterprises has reached 14,600. These small and medium-sized enterprises have strong innovation capabilities and sufficient development vitality, and have become an important force in cultivating new quality productivity.

The Ministry of Industry and Information Technology stated that it will develop and promote "small, fast, light and accurate" digital products, services and solutions suitable for the characteristics of small and medium-sized enterprises, and promote small and medium-sized enterprises to accelerate the digital and intelligent transformation. The Ministry of Finance stated that in 2025, it will accelerate the transformation and upgrading of industries and implement the reward and subsidy policies for specialized, specialized, and new small and medium-sized enterprises in depth.