US Chamber of Commerce President: More than 90% US companies bullish on investment in China

Source: Internet
Author: User
Keywords Chamber
US Chamber of Commerce Chairman Walking more than 90% US companies bullish on China's investment cancellation measures do not affect investment confidence Chinese market potential is huge and more attractive this reporter Roland US and European media recently appeared "China's investment environment deteriorated" report, said China's foreign concessions, market access has become "harsh", that China The investment environment is getting worse. The numbers, however, contrast with this: China has been the first to absorb international capital for 18 consecutive years, and the world's second largest international capital, with real foreign investment growing 19.6% per cent in the first half of the year. How can there be a large influx of foreign capital in a country with poor investment environment? In the eyes of foreign enterprises, what is the investment environment in China?  Recently, the reporter interviewed the Chinese American Chamber of Commerce President Walking. Most U.S. companies expand investment in China Q: How many member companies are there in the AmCham? How are they investing in China?  Is there a lot of increase in capital expansion? Walking: China American Chamber of Commerce is an independent non-profit organization. The chamber currently has more than 2,600 business and individual members in China.  The Chamber of Commerce was established in 1920 and officially registered in the PRC Ministry of Civil Affairs in 1991. According to our 2010-year business Environment survey, 71% of the respondents said they were profitable in the Chinese market in 2009.  79% of the respondents said their company will expand its investment in China in 2010 years. According to our survey, 58% of the respondents said their primary goal in entering the Chinese market was to produce and procure products and services for the Chinese market, not for export. Therefore, the development of China's market opportunities to become their focus. At present, the focus of enterprises in China is to expand the business to the two or three-line cities.  This is an important development trend for US companies in China, which shows that they have strong confidence in the purchasing power of consumers all over China in the future. A rapid economic recovery to the benefit of foreign companies asked: China's Chamber of Commerce in the 2010 Business environment Survey reported that last year, 82% of Chinese-American investment in China optimistic about the future, 91% for the next 5 years in China investment optimism, whether this shows that the Chinese market is still important to U.S. companies?  What are their confidence in investing in China in the future? Walking: According to a survey of business environment in China released by the American Chamber of Commerce, most U.S. companies are doing well in China, with 82% of respondents optimistic about China's economy in the coming year, which is almost twice times the results of the 2009 survey.  Especially since the financial crisis, China is one of the most profitable growth points for most enterprises. In the financial crisis, the Chinese government quickly launched a 4 trillion-yuan economic stimulus plan, so that China's economic recovery. When GDP growth in other countries is negative, China still keeps positive growth.  This makes the Chinese performance of many companies a bright spot. Hope to continue to participate in China's economic development Q: Do foreign companies feel that China's investment environment has improved over the years, investment is becoming more and more convenient? Walking: After a firm and gradual reform and opening-up, especially the commitment to join the World Trade Organization, in the eyes of foreign companies, the possibility of profit in the Chinese market is also increasing. Foreign-invested enterprises in China have been deeply aware of the gradual reform and opening-up and the improved investment environment in the past more than 30 years.  Now that China's economy is shifting from an export-led to an expansion of domestic demand, US companies in China want to continue to play an active role in China's booming development, as they have in the past few decades. Although preferential measures enjoyed by foreign companies in recent years are gradually being abolished, they do not affect investment confidence. Foreign companies want to continue to participate in China's economic development, because of China's vast market, the potential of a huge investment environment more perfect, which is more attractive.  In China and the Chinese enterprises have already formed a close cooperative ties, we are consumers, suppliers, competitors, partners and good friends. Q: What is the future trend for China to attract foreign investment?  What else should China do to improve the investment environment? Walking: U.S. companies are still optimistic about China's economic outlook, but in the past six months the corresponding policy changes, such as China's own innovation and intellectual property rights, have begun to worry US companies in China that these changes will affect their future space in China.  American companies want to be able to communicate with the Government to ensure equal participation in the development of the Chinese market. While U.S. companies are optimistic about China's Short-and medium-term overall development prospects, their concerns about regulatory trends are deepening, particularly in the sense that local governments are not uniformly and transparently enforcing the law. The American Chamber of Commerce in China hopes that the law can be implemented and implemented in a transparent, consistent and uniform manner, and that it hopes to adopt a more competitive policy to enhance IPR protection.
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