FDI firms were the most optimistic, with 85.2% expecting stable or better conditions, followed by private firms at 82.8% and state-owned firms at 80.5%.

The outlook was supported by expectations for higher output and orders, with 31.2% of businesses forecasting an increase in new orders. Strong results among major steel, textile and fertilizer firms, along with a surge in new businesses and registered capital, also point to a brighter business picture in the past seven months.