On August 10th, the China Association of Small and Medium Enterprises released data showing that the China SME Development Index (SMEDI) for July was 89.0, unchanged from June. According to the sub indices, in July, the capital index and investment index increased by 0.2 points and 0.1 points respectively compared to June, while the comprehensive operating index and efficiency index remained unchanged compared to June. The macroeconomic perception index, market index, cost index, and labor index decreased by 0.1 points, 0.1 points, 0.4 points, and 0.1 points respectively compared to June. Looking at different industries, in July, the construction industry, transportation industry, real estate industry, social service industry, information transmission software industry, and accommodation and catering industry showed significant increases. The development index of small and medium-sized enterprises increased by 0.6 points, 0.4 points, 0.3 points, 0.3 points, 0.3 points, and 0.3 points respectively compared to June. The industrial and wholesale/retail sectors saw a slight decrease of 0.2 and 0.1 points respectively compared to June. The industry's operating trend is improving. From a regional perspective, in July, the development index of small and medium-sized enterprises in the eastern, central, and northeastern regions was 90.1, 89.6, and 81.8, respectively, an increase of 0.2 points, 0.1 points, and 0.3 points compared to June. The development index of small and medium-sized enterprises in the western region is 88.2, a decrease of 0.3 points from June. Liu Xiangdong, Deputy Director of the Research and Information Department of the China International Economic Exchange Center, stated in an interview with reporters that from the development situation of small and medium-sized enterprises in July, the development environment for small and medium-sized enterprises in China tends to be stable and good, the financial situation continues to improve, the pressure on operating costs has decreased, market expectations have stabilized and improved, and the willingness of enterprises to invest has increased. With the continuous implementation and effectiveness of more proactive macro policies, the macroeconomic prosperity is gradually rising. Under the premise of reasonable price recovery, the operating efficiency of enterprises will improve, and the momentum of the development of small and medium-sized enterprises will be consolidated. Ma Bin, Executive Vice President of the China Association of Small and Medium sized Enterprises, stated that the next step is to take comprehensive deepening of economic system reform as an important lever, focus on effectively unleashing the potential of domestic demand, cultivating new growth points for service consumption, stimulating the vitality of private investment, and concentrate efforts on stabilizing employment, enterprises, markets, expectations, and other aspects to support the innovative development, quality improvement, and efficiency enhancement of private enterprises and small and medium-sized enterprises, and achieve a successful conclusion to the 14th Five Year Plan. (New Society)