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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 42, 2010> ECONOMY
UPDATED: October 15, 2010 NO. 42 OCTOBER 21, 2010
Buoyant Business
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China's business climate index, a major measure of macroeconomic outlook, rose by 2 points in the third quarter while the entrepreneur confidence index gained 2.9 points over the previous quarter, the National Bureau of Statistics (NBS) announced on October 14.

The quarterly business climate index, based on a survey of about 20,000 Chinese firms, advanced to 137.9 points from 135.9 points in the second quarter, the NBS said on its website.

The business climate index rose in the construction, transportation and logistics, wholesale and retail, property, social services, and hotels and catering sectors.

The business climate index in information transmission computer services and software remained unchanged from the second quarter.

 



 
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