SME News
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2022-09-13
China to augment 200 SME industrial clusters, says MIIT
China's Ministry of Industry and Information Technology (MIIT) announced support measures on Tuesday that aim to create 200 industrial clusters of small and medium-sized enterprises (SMEs) during the 14th Five-Year Plan (2021-25) period, while gu...
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2022-09-13
At least 40,000 UK SMEs expected to lean on finance-providers as costs swell
The study from London-based fintech lender Nucleus Commercial Finance (NCF) has found that 15 per cent of firms with 10 to 249 employees expect to need a loan to support the running of their business, although just 1 per cent of sole traders predict ...
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2022-09-12
UK SMEs face cash crunch as impact of inflation bites
A growing number of business owners are facing a shortage of cash in the bank, a new survey from specialist finance provider Capify has found. Released today, the Q2 Business Confidence Survey revealed that bank-held cash levels had more nearly halve...
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2022-09-12
Chinese SMEs continue recovery momentum
BEIJING -- China's small and medium-sized enterprises (SMEs) continued their recovery momentum in August, as a package of government policies to stabilize the economy took effect, an industry index showed. The Small and Medium Enterprises De...
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2022-09-09
Xi urges efforts to boost SMEs' innovation
President Xi Jinping has called for efforts to step up support for small and medium-sized enterprises to promote innovation and foster more "little giant" companies. Xi emphasized the need to create a favorable business environment for t...