Standard Chartered Released SMEs' Confidence Index in Ningbo
- Details
- Category: Ningbo News
- Published: Tuesday, 13 December 2011 20:23
On December 7, the Standard Chartered released the SMEs' Confidence Index in Ningbo, which reflect the operating environment, the operations, investment orientation and financing needs of SMEs. It shows that the index for Chinese SMEs stands at 47.37, with the operation confidence index at 59.79 and the macro confidence index at 33.13.
This was the first time that an overseas bank released the index for Chinese SMEs.
The indexes released yesterday showed that SMEs in China take a prudent attitude toward the economic operations of China and the confidence towards financing tends to be weak. But comparatively speaking, the operation confidence is stronger, indicating that most businesses are having stable production and sales.