1 to September Xining small and micro industrial production and operation of a smooth
March 20, 2017
This year, with the implementation of various measures to support SMEs as well as the continuous improvement of the economic environment, small and micro industrial production and operation of the basic stable. According to the survey data show that from 1 to September, a total of 149 enterprises to complete the total industrial output value, main business revenue, operating profit and other major indicators have declined over the same period last year. The main reason for the decline is the raw materials, labor, finance and other major factors of production prices continue to rise so that the cost of production increased, leading to decline in corporate profits. Bank loans increased, but the liquidity shortage is still prominent, etc..