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 <title>Loans essential to SME development</title>
 <link>http://www.nextbillion.net/newsroom/2006/05/24/loans-essential-to-sme-development</link>
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May 22, 2006 - 14:00,
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CRIEnglish.com&lt;/span&gt;

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Small and medium-sized enterprises (SMEs) have played an important role in the development of China&amp;#039;s economy.&lt;/div&gt;&lt;br&gt;

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 &lt;label&gt;Story Link:&lt;/label&gt;
 &lt;a href=&quot;http://www.bidnetwork.org/article-35729-en.html&quot;&gt;http://www.bidnetwork.org/article-35729-en.html&lt;/a&gt;
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Small and medium-sized enterprises (SMEs) have played an important role in the development of China&amp;#39;s economy. As of the end of 2004, SMEs accounted for 58.5 percent of the country&amp;#39;s GDP (gross domestic product), 66 percent of patent rights and 74 percent of technology innovation, according to Li Jun, vice-president of the Export-Import Bank of China. They developed 82 percent of the country&amp;#39;s new products and made up 68.3 and 69 percent of total exports and imports respectively.&lt;br class=&quot;clear&quot; /&gt;&lt;/div&gt;

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 <comments>http://www.nextbillion.net/newsroom/2006/05/24/loans-essential-to-sme-development#comment</comments>
 <category domain="http://www.nextbillion.net/blogs/topic/business-development">Business Development</category>
 <category domain="http://www.nextbillion.net/blogs/topic/financial-services"> Financial Services</category>
 <pubDate>Wed, 24 May 2006 15:25:21 -0400</pubDate>
 <dc:creator>John Paul</dc:creator>
 <guid isPermaLink="false">2728 at http://www.nextbillion.net</guid>
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