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Table 1. 
Small and Medium-Sized Enterprises in the People's Republic of China
Item200720082009201020112012
Number of SMEs       
SMEs (number) 333,858 422,925 431,110 449,130 316,498 334,321 
SMEs to total (%) 99.1 99.3 99.3 99.2 97.2 97.3 
Employment by SMEs       
SME employees (’000) 60,521 68,671 67,877 72,369 59,357 … 
SMEs to total (%) 76.8 77.7 76.9 75.8 64.7 … 
SME Exports       
SME exports (CNY billion) 4,303 4,773 4,152 4,919 4,142 4,423 
SMEs to total exports (%) 58.6 57.9 57.6 54.7 41.6 41.5 
Item200720082009201020112012
Number of SMEs       
SMEs (number) 333,858 422,925 431,110 449,130 316,498 334,321 
SMEs to total (%) 99.1 99.3 99.3 99.2 97.2 97.3 
Employment by SMEs       
SME employees (’000) 60,521 68,671 67,877 72,369 59,357 … 
SMEs to total (%) 76.8 77.7 76.9 75.8 64.7 … 
SME Exports       
SME exports (CNY billion) 4,303 4,773 4,152 4,919 4,142 4,423 
SMEs to total exports (%) 58.6 57.9 57.6 54.7 41.6 41.5 

… = data not available, SME = small and medium-sized enterprise.

Notes: The data cover industrial enterprises above a certain operational scale. For 2007–2010, “above operational scale” refers to all industrial enterprises that generated a minimum annual income of CNY5 million from their core business. For 2011–2012, it refers to all industrial enterprises that generated a minimum annual income of CNY20 million from their core business. The industry sector includes mining; manufacturing; and electricity, gas, and water production and supply industries. Data for 2007–2010 are based on the following criteria: number of employees fewer than 2,000, sales of CNY300 million or less, or total assets of CNY400 million or less. Medium-sized enterprises must have more than 300 employees, sales of more than CNY30 million, and total assets of CNY40 million or more; the rest are small businesses. Data for 2011–2012 are based on 2011 SME classification criteria. Industrial micro, small, and medium-sized enterprises are defined as enterprises that employ fewer than 1,000 persons or whose annual turnover does not exceed CNY400 million. A medium-sized enterprise is defined as an enterprise that employs more than 300 persons and whose annual turnover exceeds CNY20 million. A small enterprise is defined as one that employs more than 20 persons and whose annual turnover exceeds CNY3 million. A micro enterprise is defined as an enterprise that employs fewer than 20 persons or whose annual turnover does not exceed CNY3 million. Data on micro enterprises in 2011–2012 are not available.

Source: ADB. 2014. Asia SME Finance Monitor 2013. Manila.

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