China's Business Climate Index Improves

China's business climate index, a major measure of macro-economic outlook, rose by 2 points in the third quarter while the entrepreneur confidence gained 2.9 points over the previous quarter, reports a Xinhua story published by the China Daily.

 

Quoting the National Bureau of Statistics (NBS), the news agency says the business climate index rose in construction, transportation and mail, wholesale and retail, property, social services, and hotels and catering.

 

The entrepreneur confidence index, a gauge of the understanding, views and projections of business people, rose by 2.9 points from the previous quarter to 135.9 in the second quarter, said the NBS.

 

Entrepreneur confidence levels in industrial, construction, transportation and mail, wholesale and retail, property, hotels and catering all rose in the third quarter.

 

 

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