Suvey shows Hubei effectively attracting American companies
AmCham China released the
2018 China Business Climate Survey Report in Wuhan on March
21. This is an annual report put out by AmCham China since
Sixty-four percent of AmCham China members reported revenue growth in 2017, up from 58 percent the previous year. Most members regard China as a pilgrimage destination for business; one-third of them plan to expand their investments in China by more than 10 percent in 2018.
According to Alan Beebe, president of AmCham China, 58 percent of their Wuhan chapter members shared the point of view that Hubei plays an effective role in attracting and working with foreign investors. AmCham China is headquartered in Beijing and has one of its branches in Wuhan. The Wuhan branch represents U.S. companies in Central China. By the end of 2017, 593 American enterprises had relocated in Wuhan with a total investment of USD