BEIJING, Nov. 28 (Xinhua) -- China's small and medium-sized enterprises (SMEs) showed improving business confidence in November as the country's economy is stabilizing amid policy support, a report showed.
The China SME Confidence Index rose to 54.7 in November from 54.5 in October, rising for the second consecutive month, according to a report from Standard Chartered Bank.
The sub-indices of current performance and credit environment edged up from last month. The manufacturing sector, in particular, reported robust production and new orders.
China' central bank implemented two targeted reserve requirement ratio cuts in October and November to boost financing for SMEs.
The reported said about 59 percent of the surveyed SMEs expected the RMB exchange rate to stay stable in the next three months.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses
