China Business Confidence

Business Confidence in China increased to 125.60 in the first quarter of 2013 from 124.40 in the fourth quarter of 2012. Business Confidence in China is reported by the National Bureau of Statistics of China. Historically, from 1999 until 2013, China Business Confidence averaged 128.21 reaching an all time high of 146 in June of 2007 and a record low of 105.60 in March of 2009. In China, the business climate index is based on a survey of 16,000 large, medium and small companies. This composite index is a weighted average of Current Business Climate (40%) and Future Business Climate Index (60%). The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The Index measures consumer confidence on a scale of 0 to 200; the value above 100 indicates that the economic performance is improving, the value below 100 shows that the economic performance is declining. This page includes a chart with historical data for China Business Confidence.

 TO REFRESH COMPARE
China Business Confidence
    EMAIL
 


Business Confidence | Notes

The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.










Buy Ads Directly on TRADING ECONOMICS