More Signs China Economy Stabilizing
More Signs China Economy Stabilizing

More Signs China Economy Stabilizing

More Signs China Economy Stabilizing

Chinese entrepreneurs’ confidence in domestic economy has been restored as the economy shows more signs of stabilizing, according to findings of a recent survey, Xinhua reported. Organizers of the survey include several departments under the State Council and the National Bureau of Statistics. The result was based on a survey of 1,960 enterprises nationwide. The survey revealed that 20.3% of the entrepreneurs think the economy is running well, 2.7 percentage points higher than the previous year, and 43 percent of them describe the economy as average, 4.9 percentage points higher. Those who think the economy is bad accounted for 36.7% of respondents, 7 percentage points lower compared with a year ago. The survey showed that the median forecast of the respondents for the country’s GDP growth was 6.5% in 2016 and 6.3% in 2017. It also showed that entrepreneurs in several industries were more optimistic on the economy. Those industries included agriculture, power supply, information technology, leasing and other services as well as drug, auto and electronic equipment manufacturing.


Short URL : https://goo.gl/8QwRva
  1. https://goo.gl/XRqpOa
  • https://goo.gl/RCsdje
  • https://goo.gl/0HBg0a
  • https://goo.gl/S5PgzR
  • https://goo.gl/MpDHCi

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...

Add new comment

Read our comment policy before posting your viewpoints