[HIGHLIGHTS] Survey shows that nearly 80% of companies expect to expand their business in mainland China in the next three years

Survey shows that nearly 80% of companies expect to expand their business in mainland China in the next three years. intensifying fierce competition (41%), weak consumer demand (36%) and rising operating costs (28%) are the main challenges that Chinese mainland companies will face in 2024.

45% of mainland Chinese professionals surveyed expect their companies' profits to increase this year. Data shows that mainland China is still a very attractive investment destination, especially regions that are highly open, closely connected to the global market, and have active innovative cultures.