Apr 12 - Entrepreneur Confidence Index Shows Some Optimism

Source: NBS, ChinaScope Financial (Data)

+       According to data released by the National Bureau of Statistics on April 10, the entrepreneur confidence index for 2012Q1 was 123, up 2.1 points quarter-on-quarter. 

+       The spot entrepreneur confidence index was 121.2, down 0.8 point quarter-on-quarter; and the predictive entrepreneur confidence index was 124.2, up 4.0 points quarter-on-quarter, reflecting higher expectations among entrepreneurs.

+       The NBS also released the business climate index for 2012Q1, which was 127.3, 0.5 points lower than in 2011Q4.

While the business climate index declined slightly in 2011Q1, the entrepreneur confidence index and the predictive entrepreneur confidence index increased some.

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