The effects of psychological capital of English learners on their English proficiency have not yet been fully revealed. This paper fully analyzes the correlations between English learning strategies and the four influencing factors of psychological capital, namely, self-efficacy, resiliency, hope and optimism, and their impacts on English performance. A group of college students were selected from southeastern China's Zhejiang Province to receive a questionnaire survey. The survey data were subjected to statistical analysis and regression analysis. During the analysis, the four influencing factors were taken as dependent variables. The results show that English performance is positively correlated with both psychological capital and learning strategies; each influencing factor of psychological capital has a predictive effect on learning strategies and English performance. The research findings provide guidance to English learners in China on how to improve English proficiency through psychological adjustments.
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