Xinhua News, recently reported that entrepreneurs in China are more optimistic in the first quarter of 2012, compared to 2011.

The entrepreneur confidence index, is a gauge of the views and opinions of the country’s entrepreneurs. The score rose to 70.2 percent in the first quarter, up 1.8 percentage points from the fourth quarter of last year.

Of the 5,000 entrepreneurs surveyed, 27.3 percent said the nation’s economy is “relatively cool,” up 2.5 percentage points from the previous quarter. Nearly 67 percent of respondents indicated no change in the economy, nearly the same number as in the fourth quarter, while only 5.6 percent said the economy is “relatively hot”, according to the statement.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Jason Lim

Jason is an Australian born Chinese living in Beijing, specializing in entrepreneurship, start-ups and the investment eco-system in China, especially in the tech and social area.