GDP grew 5.2% year-on-year to RMB 91.3 trillion in Q1-Q3 2023. Retail sales increased 7.2% to RMB 42.8 trillion. Service industry added value grew 6% year-on-year. Fixed asset investment rose 2.9% to RMB 46 trillion
Founded in 1992 with mission to create, communicate and close bold business deals. Operates for over 30 years in small and midsize businesses
MSME stands for Micro, Small and Medium Enterprises. New classification based on annual turnover and investment in plant and machinery. Includes manufacturing and services businesses, wholesalers and retailers. Established in 2006 under MSMED Act
SME stands for small and medium enterprises. MSME is the Indian version of SME. Investment threshold for small enterprises is up to Rs. 10 crore. Turnover threshold for small enterprises is up to Rs. 50 crore. Medium enterprises have investment up to Rs. 50 crore
SMEs are companies with limited manpower and financial turnover. Micro companies have up to 10 employees, small scale up to 50, medium scale up to 250. Manufacturing SMEs have investment between 25 lakh and 5 crore rupees. Service SMEs have investment between 10 lakh and 2 crore rupees
Sidewalk violations can lead to fines and safety hazards. Common issues include cracks, uneven surfaces, and obstructions. Regular inspections and immediate repairs are essential. Professional help and local regulations must be followed