Helping Small and Medium Enterprises

171.     The recent sharp downturn in the external economy is more worrying than inflation.  The sovereign debt crisis in Europe may have a sharp impact on the global financial system and trigger a recession.  Our economy will face greater downside risks next year.  We must brace ourselves for this and keep a close watch on changes in the external environment.  We will pay particular attention to the difficulties of SMEs and introduce necessary measures to tide them over.

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