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China: Added value of China's small, medium industrial enterprises up 8pct in Jan-May
Storyline: The added value of China's small and medium-sized industrial enterprises above the designated size increased by eight percent in the first five months of the year, according to data from the Ministry of Industry and Information Technology (MIIT) on Saturday. Officials from the MIIT said the overall economic performance of China's small and medium-sized enterprises remained stable from January to May. Of the 31 major manufacturing sectors, 28 recorded year-on-year growth during the period. Small and medium-sized industrial enterprises with an annual main business revenue of at least 20 million yuan (about 2.79 million U.S. dollars) saw their operating revenue rise to 32.6 trillion yuan from January to May. Among these enterprises, those in the equipment manufacturing sector, including computers, communication, electronic equipment, and electrical machinery, maintained rapid profit growth. In addition, the overall export momentum of small and medium-sized enterprises remained strong in the five-month period, and their pace of digital transformation continued to accelerate, according to the ministry. Shotlist: FILE: China - Date Unknown: 1. Aerial shot of factory 2. Various of workers, robotic arm, equipment operating in factory Beijing, China - June 28, 2025: 3. SOUNDBITE (Chinese) Jia Hongwei, deputy head, small and medium-sized enterprises bureau, Ministry of Industry and Information Technology (starting with shot 2): "The quality and efficiency of small and medium-sized enterprises have steadily improved. 'Little Giant' enterprises in key fields have created new growth drivers, tackled new technologies, developed new products, and enhanced their capacity to support industrial supply chains, effectively contributing to the stable operation of the industrial economy." FILE: China - Date Unknown: 4. Various of workers, robotic arms, equipment operating in factory 5. Aerial shots of city view. [Restrictions : No access Chinese mainland]
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