BEIJING, Oct. 10 (Xinhua) -- China's entrepreneur confidence index remained
high in the third quarter of 2007 with half of the respondents optimistic about
their growth prospects.
The index slipped to 143 points, compared with 143.1 points in the second
quarter, according to the National Bureau of Statistics(NBS).
The index, measuring the understanding, views and projections of
entrepreneurs, ranges from zero to 200. When it is higher than 100, it indicates
optimism for economic boom. But when it is lower than 100, it means expectation
for economic downturn.
Of the 19,500 companies surveyed nationwide, 50.1 percent said they were
optimistic about the overall performance of their industries and 42.7 percent
acknowledged little change had occurred in the growth environment.
The entrepreneurs enjoyed high confidence and expectations for China's
current and future macroeconomic development, according to the NBS.
Rising minerals prices made mining companies the most confident, with the
index rising to 162 points from 161.7 points in the second quarter.
The entrepreneur confidence index of the manufacturing sector slumped to
140.5 points, a drop of 1.3 points from the second quarter, according to the
survey.