BEIJING, April 21: Chinese enterprises are among the most optimistic in the world, saying they are happy with the state of affairs and upbeat about prospects for the future, according to a company survey.
Seventy per cent of the nation’s middle-market enterprises, companies with annual turnover between $45 million and $1.3 billion, are happy with the current world economy, said the Hongkong and Shanghai Banking Corp (HSBC) survey.
The survey, covering 4,000 businesses in the Asia-Pacific, Europe and the Americas, also showed 55 per cent expected the world economy to be even better by the end of the year.
“We are pleased to see so much optimism for the economy among mainland China businesses,” said Neil Tottman, Head of Commercial Banking China at HSBC.
He said middle-market enterprises, along with smaller players, “are the engine of the regional and global economy. Positive outlook will further support their expansion into international trade.”
The poll also found that 41 per cent of middle-market enterprises in Hong Kong considered the current economy to be “very good” or “fairly good” and 31 per cent expected the economy to improve by the end of 2006.
In Taiwan, 24 per cent of middle-market enterprises said they considered the current economy to be “good” and 17 per cent said they expected it to improve by the end of the year.
The survey also found that the Asia-Pacific outlook for 2006 was the best of the three regions polled.—AFP
