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Chinese entrepreneurs less confident in Q2

(Xinhua)
Updated: 2008-07-08 14:23

China's entrepreneur confidence index dipped 8.3 points to 134.8 in the second quarter from the same period last year, said the National Bureau of Statistics on Tuesday.

The index, a gauge of the understanding, views and projections of entrepreneurs, was 5.8 points lower than that in the first quarter.

Entrepreneurs in mining sectors were the most confident, with their index at 169 points, followed by the information and software businessmen.

Meanwhile, entrepreneurs in the real estate industry posted the lowest confidence index of 118.4 points.

Those in large-sized enterprises had more confidence than those in small and medium-sized ones, with the indices for them standing at 149.9, 125.3 and 118 points respectively.

The figures were based on a survey of 19,500 companies nationwide.

The bureau released on Monday the country's business climate index, a key gauge of corporate performance, which dropped 8.6 points to 137.4 points in the second quarter from the same 2007 period.