HSBC survey: 40% of companies surveyed plan to increase capital

Morning News (reporter Mengmei Intern jiang fan) yesterday, the "HSBC SME Confidence Index" survey, the data show that, in the global economic outlook is not yet clear, mainland SMEs on the recent business prospects of cautious optimism, confidence levels maintained at 6 months ago.　　In addition, more than half of the surveyed mainland SMEs expressed their willingness to use the renminbi as their currency for cross-border trade settlement. Survey shows that China's economy is expected to smooth development in the second half of the mainland is still the vast majority of small and medium-sized enterprises, but the estimated economic growth of the enterprises surveyed (31%) than 6 months ago, the survey (41%) has been reduced.　　The respondents, who expect growth to remain unchanged in the second half of the year, have increased from 52% to nearly 60% from 6 months ago. Although the economy remains uncertain for the future, mainland SMEs still want to expand their businesses in the future. The survey showed that 42% per cent of respondents planned to increase capital expenditure in the second half of the year, up from the fourth quarter (35%). The ratio of capital expenditure to the current level is more than 40%, which is similar to 6 months ago.