Small firms may scale down investments

Chinese entrepreneurs expect investment to slow and are cautious, amid weak demand, for the year ahead.

According to a survey of more than 2,500 companies by the China Entrepreneurs Survey System, 34 percent of those polled planned investment in the next 12 months, while 25.5 percent expected to cut back in 2016.

Created by the Development Research Center of the State Council in 1993, the CESS conducts the nationwide survey annually to gauge growth and confidence among small businesses.