China's business confidence index reached 134.7 points in the last quarter of 2004, same as the third quarter, according to a report released by the National Bureau of Statistics (NBS) Monday.

Confidence index in sectors of mining, information transmission,computer and software service, manufacturing and construction are 162.9, 156.5, 134.4 and 131.2 points, up 0.8, 4.7, 1.9 and 1.0 percentage point respectively over the third quarter,

Confidence index in sectors of real estate, accommodations and catering trade are 132.9 and 126.9 points, same as the third quarter.

While confidence index in sectors of production and supply of power, gas and water; and transport, storage and postal service are 138.1 and 127.4 points, down 2.5 and 5.3 percentage points over the third quarter.

Statistics show that confidence index of businesses no matter state-owned or private, have all increased.

Confidence index of producing and ordering are 122.0 and 123.4 points, down 3.5 and 2.3 percentage points over the third quater.

Confidence index of investment in fixed assets reached 117.0 points, same as the third quarter. Confidence index of investment in fixed assets of all sectors, except industry, have decreased inthe fourth quarter, the report said.

The NBS attributed the increase of confidence index of investment in industry mainly to confidence index of investment inmining and production and supply of power, gas and water having increased by 4.2 and 5.7 percentage points over the previous quarter.

Source: Xinhua