The China Small and Medium Enterprises Research Institute of Zhejiang University of Technology released the "2012 China SMEs Climate Index Report" for the first time in Hangzhou on the 13th. The three provinces of Guangdong, Jiangsu and Zhejiang ranked the top three in the inter-provincial SMEs' comprehensive prosperity index, but with 2011. In comparison, the prosperity index of 2012 has declined; a large number of enterprises in the central region have shown a trend of rising against the trend. The index was released at the 14th West Lake International Small and Medium Enterprises Forum, hosted by the Hangzhou Municipal Government, the China Institute of Technology and Economics, and the Zhejiang Federation of Industry and Commerce. How can global SMEs get out of the predicament of current economic downturn risks? The main topic of the forum. “In the eastern region, the sharp decline in entrepreneurial confidence is the main reason for the decline in the comprehensive prosperity index of SMEs. The index is composed of the comprehensive production and operation index and the entrepreneurial confidence index. The main reason for the decline in entrepreneur confidence is the financial crisis. The capital chain is broken.†Professor Chi Renyong, head of the China SMEs Climate Index of Zhejiang University of Technology, explained, “At the same time, the euro crisis and China’s real estate purchase restriction policy are also important reasons for the decline in the index.†Chi Renyong said, Zhejiang University of Technology Based on the latest research results at home and abroad, the editorial team of China Small and Medium Enterprises Research Institute has further improved the evaluation method and index system of China's SMEs' prosperity index based on the overall framework of the 2011 edition. “In terms of data selection and calculation methods, based on data from 31 provinces, autonomous regions and municipal statistical yearbooks of China, data on 846 small and medium-sized enterprises and GEM companies listed on the Shenzhen Stock Exchange, and national SMEs’ ​​climate monitoring surveys, the main components are used. Analytical method-diffusion index method-synthesis index method, to calculate the comprehensive prosperity index of SMEs in China's seven provinces and the country, and to rank and analyze the latest development status of SMEs in different regions of China." Chi Renyong said. Chi Renyong believes that the 2012 China SMEs Climate Index Report can provide a scientific basis for decision-making by relevant government departments and business operators, and can also be used by researchers in institutions of higher learning and research institutions to study SMEs.
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