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Business operators' judgment on China's macro-economic situation and on business operation as well as their prospects (No 10, 2015)
2015-02-04
By Li Lan, Institute for Public Administration and Human Resources, Development Research Center of the State Council (DRC)
Research Report No 10, 2015 (Total 4695)
Abstract:
This paper is the first part of the Report of 2014 Follow-up Survey of Chinese Enterprise Operators. The survey of 2446 business operators has found that they think that China's macroeconomic operation was stable in 2014, and that, compared with 2013, the government's needs for investment decreased, demand for exports rose slightly, and the need for private investment and consumer demand remained stable.
From the perspective of business operation, enterprises' production and sales declined slowly, inventories remained normal, exports recovered moderately, and profits kept growing. Companies as a whole were stable in operation; but different companies had different conditions. For example, those in the east, large scale ones, State-owned, or foreign ventures, performed better.
As for the expectation for the future, the survey shows that business operators predict there will be an increase in the number of orders, better exports, stable prices, and growing profits. In addition, employment and investment will increase, with business keeping running smoothly. However, the economy in 2015 is predicted to still face downward pressures.
