More investment in Huamei this year

Source: Internet
Author: User
Keywords In China this year
Tags business business prospects economy enterprises export export market expressed higher
The Chinese economy is giving stronger confidence to foreign companies in China, with about 80% U.S. companies adding more investment to China in 2011, according to the China Business Report 2010-2011. Last year, around 80% in China and the Chinese-made enterprises achieved sales and profit "double growth", and more than 90% in the Chinese and the Chinese companies for the next 5 years business prospects for the future expressed "optimism."  Eric Masseux, president of the American Chamber of Commerce in Shanghai, said that as more and more American companies succeed in China, the importance of the Chinese market for US companies and the U.S. economy will continue to be highlighted in the coming years. The importance of the Chinese market for the United States is highlighted in the survey of 346 companies in the U.S. and China, about 80% Enterprises will increase their investment in China this year.  Besides more than 1/4 of US companies have made clear that they will expand to China's two or three-line cities, 20% of the companies surveyed say they are conducting relevant feasibility studies to "pave the way" for new investment plans, up 6.2% from a year earlier.  In addition, 87% of U.S.-owned companies achieved sales growth last year, which was 40% and 10% higher than in 2009 and 2008, and 79% of US companies made "higher profits" or "general profits", which were 14% and 9% higher than 2009 and 2008 respectively.  As many as 73.3% of Chinese companies in China said they were "much higher" or "slightly higher" than the global sales growth level in 2010, while 18.8% of US companies considered the two "similar".  Nearly 90% of companies expect revenue growth in terms of operating profits, with 49.2% of US companies saying the Chinese market is "much higher" or "slightly higher" than the global market, and 28.8% of US companies say they are "similar". Looking ahead to 2011, 88.7% of US companies expect operating income to keep growing, 71% of US companies are expected to achieve more than 10% of growth in operating income, and 41% of US companies plan to increase investment in China by more than 15%, a percentage higher than the survey a year ago, 8.5%  US companies are raising the proportion of China's capital increase to more than 50%, and about 70% of US companies are placing China in the top three of its global investment plan. China ranks among the world's top three major markets now, the United States is China's second largest export market and main source of investment, China is the third largest export market in the United States, is the fastest growing export market in the United States. China has become the biggest contributor to global profits for many American companies. Even in the worst of the international financial crisis in 2008 and 2009, more than 70% of US companies in China are making profits. The concern is that about 2/3 of US companies believe China has become one of the world's three key markets, and more than 20% of US companies have seen China as its "most important market".
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