Chinese Entrepreneurs are More Positive Now

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.

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