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    China Business Confidence

    Last Time
    2024-02-29
    Previous Value
    49.1 (points)
    Current Value
    50.8 (points)
    Current release time
    2024-03-31
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    Related Finance
    Time Country Indicator
    Previous Estimate Actual Weight Details
    2024-04-26
    00:00

    US

    6.39%
    --
    6.44%
    00:00

    US

    7.10%
    --
    7.17%
    00:00

    Canada

    3.246%
    --
    3.718%
    01:00

    US

    4.185%
    --
    4.716%
    06:00

    New Zealand

    86.4
    89
    82.1
    07:01

    UK

    Consumer Confidence
    -21
    -19
    -19
    07:30

    Japan

    2.9%
    2.8%
    1.4%
    07:30

    Japan

    2.6%
    2.6%
    1.8%
    07:30

    Japan

    2.4%
    2.3%
    1.6%
    09:30

    Australia

    0.9%
    0.6%
    --
    About Business Confidence

    The business confidence index refers to an indicator that reflects the expectations and confidence of a company in terms of future economic trends and its own business conditions. It is also an important reference for measuring the economic vitality of a country or region. In China, the Business Confidence Index (Business Confidence Index) refers to an economic indicator jointly released by the National Bureau of Statistics of China, the China Federation of Logistics and Purchasing, and the China Enterprise Confederation to reflect the expectations of Chinese enterprises for future economic development. Expectations and confidence levels.


    The business confidence index is mainly divided into two parts: manufacturing and non-manufacturing. The manufacturing business confidence index mainly reflects the degree of confidence of manufacturing companies in the market, production and sales, capital and other factors; the non-manufacturing business confidence index mainly reflects The confidence level of non-manufacturing enterprises in the service industry, construction industry, wholesale and retail industry, etc. The calculation of the business confidence index usually adopts the method of enterprise survey, through the survey of enterprise executives and managers, to collect enterprises' views and expectations on the future economy and market.


    The business confidence index has important reference value for investors, policy makers and scholars. If the business confidence index rises, it means that the company is optimistic about the future economic environment and its own operating conditions, which may increase the company's investment and recruitment plans, thereby promoting economic growth; conversely, a decline in the business confidence index shows that the company is optimistic about the future. Concerns about the economic outlook in China may inhibit business investment and expansion, which in turn may have an adverse impact on the overall economy.


    In short, the business confidence index is an important indicator that reflects the expectations and confidence levels of enterprises. Its changes have important reference value for economic trends and policy formulation. It is an important reference for enterprises and policy makers to understand market demand and grasp market opportunities.

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