Business / Economy

Chinese entrepreneurs less satisfied about business situations

(Xinhua) Updated: 2015-11-16 10:36

BEIJING - Chinese entrepreneurs are feeling the pressure from economic slowdown and are less content with their current business situations than previous years, a latest survey showed.

Business owners that are "very satisfied" or "relatively satisfied" about current situations accounted for 28.3 percent of the total surveyed owners, down 6.5 percentage points from a year earlier, according to a survey of more than 2,500 companies by the China Entrepreneurs Survey System.

A third of surveyed business owners said they were not satisfied about the business situations at present.

The average score of their level of satisfaction was 2.9, with 5 being the highest, the survey showed. The figure was lower than those for the previous two years.

More entrepreneurs have a negative view on the current macroeconomic conditions, showing dropping confidence as the economy slows.

China's economy expanded by 6.9 percent year on year in the third quarter of 2015, the lowest quarterly growth in six years.

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