Foreign Investors Stay Optimistic about Chinese Market
As evaluated by domestic and foreign companies, China’s business environment in 2021 improved, scoring 4.38 points, according to China’s Business Environment Annual Report (2021) released by the China Council for the Promotion of International Trade (CCPIT).
Among the companies surveyed, over 70 percent have achieved revenue growth, and over 50 percent still see China as one of their main strategic markets, despite challenges to their businesses triggered by COVID-19 resurgences.
Most companies surveyed said the Guideline on Building a Unified Domestic Market, which was officially released on April 10, is beneficial for foreign enterprises investing in China, as it greatly boosts their confidence in maintaining stable operations and expanding investment in the country.
The guideline sets the goals of building a highly efficient, rules-based, fair, and open domestic market through strengthening anti-monopoly efforts, building a modernized circulation network, and improving the exchange channels of market information.