The overall economic performance of small and medium-sized enterprises (SMEs) across China remained stable and demonstrated relatively strong development resilience in 2025, data from the Ministry of Industry and Information Technology (MIIT) showed.
In 2025, the added value of small and medium-sized enterprises in the industrial sector above the designated size increased by 6.9 percent year on year, which is 1.0 percentage point higher than the growth rate of all industrial enterprises above the designated size for three consecutive years.
The operating revenue of these enterprises reached 83.8 trillion yuan (about 12.17 trillion U.S. dollars), a year-on-year increase of 2.6 percent, and total profit increased by 1.4 percent year on year.
The total profit of the SMEs in equipment manufacturing industry in particular maintained a relatively rapid growth rate, increasing by 11.4 percent year on year. Among them, those engaged in computer, communication and electronic equipment, railway, shipbuilding and aerospace and automobile manufacturing industries saw their profit increasing by 49.1 percent, 22.8 percent and 11.8 percent year on year, respectively.
In 2025, the added value of specialized, refined, distinctive and innovative "little giant" enterprises above designated size in the industrial sector increased by 9.0 percent year on year.
Their total profit increased by 7.0 percent year on year, and operating profit margin reached 7.9 percent, all higher than that of all industrial enterprises above the designated size, further enhancing their comprehensive competitiveness.
In December 2025, the export index for SMEs was 52.4 percent, remaining in the expansion range for 21 consecutive months. The export delivery value of "little giant" enterprises above designated size increased by 13.3 percent year on year, 11.1 percentage points higher than that of all industrial enterprises above the designated size, demonstrating a significant role in boosting exports.
