According to the Global SME Confidence Index from Alibaba.com, 69% of SME leaders express greater optimism about growth opportunities compared to six months ago, with German SMEs leading at 74%.
Despite the positive outlook, SMEs are wary of inflation, marketing challenges, and supply chain disruptions, which remain significant hurdles. 38% cite inflation as their top concern.
Over half of SMEs are utilizing online B2B marketplaces for innovation. 52% are sourcing through platforms like Alibaba.com, highlighting the shift toward digital solutions.
Kuo Zhang noted, 'Our research shows a strong optimism among SMEs as they embrace digital sourcing and seek to innovate their product lines, particularly through AI.'
#sme-confidence #global-business-outlook #b2b-e-commerce #digital-innovation #supply-chain-challenges
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