China business confidence


China business confidence: 49.5 (-1.79%)
Last Update: May 31, 2024

China business confidence closed down 49.5 as of May 31, 2024 from 50.4 from the previous month and 48.8 from last year.


China business confidence Analytics & Data




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China business confidence

DateValues
2024-05-31 49.5
2024-04-30 50.4
2024-03-31 50.8
2024-02-29 49.1
2024-01-31 49.2
2023-12-31 49
2023-11-30 49.4
2023-10-31 49.5
2023-09-30 50.2
2023-08-31 49.7
2023-07-31 49.3
2023-06-30 49
2023-05-31 48.8
2023-04-30 49.2
2023-03-31 51.9
2023-02-28 52.6
2023-01-31 50.1
2022-12-31 47
2022-11-30 48
2022-10-31 49.2
2022-09-30 50.1
2022-08-31 49.4
2022-07-31 49
2022-06-30 50.2

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China business confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
business confidencecn.bizconfidence49.550.4-21DownUP622024-05-31

China business confidence Factors

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China business confidence Historical Data

The MacroVar database offers free access to historical data for the China business confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of China business confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the China business confidence

China business confidence refers to the level of optimism or trust that businesses in China have in their economic outlook and future prospects. This confidence can be influenced by a variety of factors, including government policies, market conditions, and global economic trends. High levels of business confidence in China can lead to increased investment, expansion, and job creation, while low levels may result in caution, reduced spending, and slower growth. Monitoring business confidence is important for policymakers, investors, and analysts as it can provide insights into the overall health and direction of the Chinese economy.