China News Service, Beijing, January 30 (Reporter Li Xiaoyu) A report released by the China Council for the Promotion of International Trade on the 30th showed that more than 90% of foreign-funded companies surveyed in the fourth quarter of 2023 believe that the Chinese market is attractive, and 60% of companies intend to increase investment in China. A month-on-month increase of 4.5 percentage points.
This "Research Report on China's Foreign Investment Business Environment in the Fourth Quarter of 2023" was compiled by the China Council for the Promotion of International Trade based on a survey of nearly 600 foreign-funded enterprises. Among them, 68% of the foreign-funded enterprises surveyed are small and micro enterprises, and 65% of the industrial layout in China is concentrated in the processing and manufacturing links.
The report shows that in the fourth quarter of 2023, the satisfaction of the foreign-funded enterprises surveyed with China's business environment continued to increase, and the proportion of "satisfactory" and above evaluations for all indicators increased compared with the third quarter. Among them, more than 90% of companies rated "satisfactory" or above on indicators such as "obtaining business premises", "municipal public infrastructure installation", "cross-border trade" and "market access".
According to the report, nearly 70% of the foreign-funded companies surveyed are still optimistic about the Chinese market in the next five years, an increase of about 1.8 percentage points from the previous month. Over 90% of the foreign-funded companies surveyed believe that the attractiveness of the Chinese market has increased or remained the same. More than 90% of the foreign-funded enterprises surveyed expect that the profit rate of investment in China will remain the same or increase in the next five years, an increase of about 5.8 percentage points from the previous month.
Yang Fan, spokesman for the China Council for the Promotion of International Trade, said at a press conference held that day that the fundamentals of China's economy, which is stable and improving and has long-term growth, have not changed, and the "magnetic attraction" of the Chinese market for foreign investment will become stronger and stronger. (over)