Amid growing public concern about inflation, Chinese entrepreneurs and bankers are more confident about the country's economic outlook.

The entrepreneurs' confidence index rose 7.6 percentage points to 68 percent in the first quarter this year from the fourth quarter in 2012, the People's Bank of China (PBC) said in a report, citing results from a survey of over 5,700 local entrepreneurs.

In a separate report based on a survey of 3,100 bankers, the PBC said their confidence index was up 17.2 percentage points to 72.2 percent from the previous quarter.

Though the country's economy is improving, the PBC survey found that more people are concerned about price rises.

Of the 20,000 savers the bank surveyed, around 62.1 percent considered prices high, while 68 percent described housing prices as "high and hard to accept."