日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

SME business confidence edges higher

By WANG XIAOTIAN (China Daily) Updated: 2013-01-08 23:03

Business confidence is rising again among Chinese small and medium-sized enterprises, or SMEs, after falling for two straight quarters last year.

However, confidence still remains low, according to the latest China SME Confidence Index report released by Standard Chartered Bank on Tuesday.

The fourth quarter of 2012 recorded a reading of 47.28, a marginal increase of 0.57 percentage point from the previous quarter.

The report said: "The overall index in the fourth quarter began to stabilize and showed an upward trend, but it remained below the level of the same period in 2011," when the reading was 54.57.

Confidence in the macro economy, business operation, and investment all rose slightly from the third quarter, but confidence in financing failed to follow the upward trend of the previous term, declining by two points.

Despite a higher index reading, 32 percent of the small businesses and 36 percent of the medium-sized firms said they were not optimistic about their economic situation, while less than 20 percent said they were "optimistic".

First launched in October 2011, the quarterly index covers 1,000 SMEs, 70 percent of which are micro and small enterprises from 10 sectors in 20 cities throughout China.

Geographically, the index showed companies in the north were more confident than those in the east, south and west of the country.

"The economy started to rebound in October or November, and it usually needs three quarters to witness an overall recovery. Therefore, better readings might come out later this year," said Betty Ku, regional head of China and North East Asia at Standard Chartered Bank's SME Banking.

Wang Jun, a senior analyst at the China Center for International Economic Exchanges, said: "The figures suggested that the foundation of economic recovery this time is far from solid enough.

"Enterprises feeling an economic warming usually lag behind actual economic data. Plus, this round of recovery is still based on government investment, and tends to favor large companies first, especially State-owned enterprises."

Wang added that in 2013, SMEs might be less optimistic on profit levels, as prices increase at a faster pace compared with last year, and enterprises have to re-stock inventories.

The bank figures showed that financing costs for SMEs were rising.

In the fourth quarter, nearly 45 percent of companies said their bank lending interest rates had increased, in contrast to the first quarter's 23 percent.

Ku said that lending risks for SMEs had intensified significantly in the second and third quarters of 2012, and that the pricing of loans in the months since then had increased.

The report suggested that multiple factors, including a weak international economy, domestic economic restructuring and a slowdown in fixed-asset investment, had led to declines in SME confidence during the second and third quarters.

However, Jungkiu Choi, head of consumer banking at Standard Chartered China, said the challenges that SMEs now face were "temporary".

"China's SMEs have come through many domestic and international challenges with strong vitality and admirable energy," he added.

The report added that the country's economic recovery will become more obvious in 2013.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 天天操一操| 成人在线观看av | 九九资源站 | 国产精品自拍在线观看 | 天堂激情网 | 午夜爽爽视频 | 五月婷婷导航 | 国产男女无套免费网站 | 午夜成人影片 | 亚洲一区二区三区欧美 | 国产午夜精品一区二区三区 | 国产手机在线 | 国产黄色网络 | a毛片在线免费观看 | 天天在线免费视频 | 一区二区三区四区免费观看 | 日本污视频在线观看 | 综合久久久久综合 | 免费在线观看av网站 | 五月天激情在线 | 欧美成人精品欧美一级乱黄 | 午夜精品久久久久99蜜桃最新版 | 男女爱爱网站 | 91成人福利视频 | 午夜三级福利 | 日韩三级中文字幕 | 97成人精品 | 超碰免费在线播放 | 国产最新自拍 | 中国av毛片| 视频一区国产精品 | 国产成人一区二区在线观看 | 一曲二曲三曲在线观看中文字幕动漫 | 国产午夜手机精彩视频 | 欧美肥老太wbwbwbb | 在线观看亚洲欧美 | 久久超碰av | 91在线导航| 欧美黄色大片网站 | 亚洲精品视频久久 | 黄色三级av|