Biz owners, bankers see rosy outlook for China

By Xinhua News Agency

Oct 12, 2022 12:14 am

BEIJING: Chinese entrepreneurs and bankers have become more upbeat about the macroeconomy, and urban residents are more optimistic about future income and jobs in the third quarter as the East Asian economy is recovering well, central bank surveys have found.

Both the entrepreneurs' and bankers' macroeconomic heat indexes, reflecting the two groups' judgment on the current macroeconomic situation, climbed quarter on quarter, according to the People's Bank of China (PBoC).

An aerial view of the eastern living area of the Yangpu Economic Development Zone in Hainan province, southern China on Sept. 26, 2022. XINHUA FILE PHOTO

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