Business prosperity index of our province continues to rise

The latest business prosperity index and entrepreneur confidence index have been released. According to the Provincial Bureau of Statistics, in the fourth quarter of last year, our province’s business prosperity index was 127.8, 1.6 percentage points higher than the previous quarter and up by 5.0 percentage points year on year; the entrepreneur confidence index was 129.1, 2.0 percentage points higher than the previous quarter and up by 5.4 percentage points year on year. The business prosperity index ran within the fairly prosperous range and the entrepreneur confidence index within optimistic range for two consecutive quarters, which indicated the improvement of business operations and the optimism of entrepreneurs about the prospects of industries.

Looking back on the whole year of last year, both our business prosperity index and entrepreneur confidence index started at a relatively low level and improved afterwards. In the first quarter, both indexes fell by a large margin due to the impact of COVID-19, running within mild non-prosperous and mild non-optimistic ranges respectively. With the effective containment of the epidemic and the accelerated reopening of businesses, the following three consecutive quarters bore witness to the rise of the business prosperity index and the entrepreneur confidence index in our province, showing accelerated release of the market confidence.