Michael Hart, President of the American Chamber of Commerce in China, recently stated in an interview with Xinhua News Agency that the Chinese market is very important for multinational corporations to enhance their global competitiveness. "To maintain global competitiveness, we must sharpen ourselves in the Chinese market.".
He Maike said that China is a crucial link in the global industrial and supply chains, and has sustained appeal to American companies. "China has a strong manufacturing and supply chain, as well as a huge consumer market, and its development in the field of electric vehicles is also a focus of attention for American companies."
The "China Business Environment Survey Report" released by the American Chamber of Commerce in China in February this year showed that in 2023, American companies in China have further increased their expectations for China's development prospects, with 50% of the surveyed companies ranking China as the world's preferred or top three investment destination. The report believes that China is not only a key market, but also an important fertile ground for talent and innovation, which is crucial for the global competitiveness of American companies.
He Maike said that American companies in China have a more optimistic attitude towards the future business environment in various industries in China, and their confidence in the Chinese market continues to increase.
Last August, the State Council's Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment were released to the public; Since December last year, China has successively launched multiple measures to optimize visa applications for Chinese and foreign nationals, further facilitating their travel; In January of this year, five measures to facilitate foreign personnel to come to China were officially implemented, further breaking through the barriers for foreign personnel to do business, study, and travel in China... The Chinese government's continuous efforts to expand openness and improve the business environment have been widely welcomed by foreign-funded enterprises, including American enterprises.