Related News
US firms optimistic about China
By Wang Yanlin |
April 26, 2010, Monday
|
Online Edition
Online Edition
UNITED States firms are optimistic about their growth in the Chinese market, and nearly four in five companies said they would expand investment in China this year, according to a survey released today by the American Chamber of Commerce.
Overall, AmCham-China member companies overwhelmingly continue to see the Chinese market as a tremendous growth opportunity. The survey found 79 percent of the respondents indicated that their company will increase investment in China this year, and more than half of them said the investment growth will exceed 10 percent.
"China remains a highly desirable destination for investment and a major global priority for American companies," AmCham-China said in a report.
"If anything, China has grown in relative importance during the global recession, and American companies operating here have improved their profit margins compared to their margins in other markets."
Although more firms reported a "slight" or "substantial" decrease in profits from 2008 to 2009 than from 2007 to 2008 (31 percent versus 13 percent), the percentage of member companies reporting they were "profitable" and "very profitable" in 2009 was virtually unchanged from 2008 (71 percent versus 74 percent).
Given the global economic slump, the figures demonstrate the strength of China's economic growth and explain why US companies view China as a global priority, the report said.
Overall, AmCham-China member companies overwhelmingly continue to see the Chinese market as a tremendous growth opportunity. The survey found 79 percent of the respondents indicated that their company will increase investment in China this year, and more than half of them said the investment growth will exceed 10 percent.
"China remains a highly desirable destination for investment and a major global priority for American companies," AmCham-China said in a report.
"If anything, China has grown in relative importance during the global recession, and American companies operating here have improved their profit margins compared to their margins in other markets."
Although more firms reported a "slight" or "substantial" decrease in profits from 2008 to 2009 than from 2007 to 2008 (31 percent versus 13 percent), the percentage of member companies reporting they were "profitable" and "very profitable" in 2009 was virtually unchanged from 2008 (71 percent versus 74 percent).
Given the global economic slump, the figures demonstrate the strength of China's economic growth and explain why US companies view China as a global priority, the report said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
