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December 30, 2016

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Home » Business » Finance

Confidence sparkles

BUSINESS confidence among entrepreneurs in China rose for the third straight quarter in the October-December period, according to a survey by the People’s Bank of China published yesterday.

The entrepreneurs’ confidence index rose to 54.2 percent in the fourth quarter, 3 percentage points higher than in the third quarter, the survey showed. Another PBOC survey showed bankers’ confidence rose to 53.7 percent in the fourth quarter, up 7.2 percentage points from the third quarter. A survey of urban households showed the proportion of residents prepared to buy properties in the next three months rose to 20.1 percent in the fourth quarter, 3.8 percentage points higher than the previous quarter.


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