In 2025, the overall operation of small and medium-sized enterprises in our country is generally stable, with outstanding performance in specialization and innovation.

The data from the Ministry of Industry and Information Technology shows that by 2025, the overall operation of small and medium-sized enterprises in China is stable, demonstrating strong development resilience and becoming an important support for the steady growth of the industrial economy. In 2025, the value added of small and medium-sized industrial enterprises above designated size increased by 6.9% year-on-year, which was 1.0 percentage point higher than that of all industrial enterprises above designated size, and has been higher than the overall growth rate of all industrial enterprises above designated size for three consecutive years. Operating income reached 83.8 trillion yuan, an increase of 2.6% year-on-year; total profits increased by 1.4% year-on-year, especially the total profits of the equipment manufacturing industry maintained a rapid growth, with a year-on-year increase of 11.4%, among which the computer, communication, and electronic equipment, railway, shipping, aviation and aerospace, and automobile manufacturing industries increased by 49.1%, 22.8%, and 11.8% year-on-year respectively. The performance of specialized and innovative small and medium-sized enterprises is remarkable. In 2025, the value added of specialized and innovative "small giant" enterprises above designated size increased by 9.0% year-on-year, with total profits increasing by 7.0% year-on-year, and the revenue-profit ratio reaching 7.9%, all higher than that of all industrial enterprises above designated size, further enhancing comprehensive competitiveness.