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Majority of US companies optimistic toward business outlook in China

By Zhong Nan chinadaily.com.cn Updated: 2023-04-26
The skyline of Beijing. [Photo/VCG]

Nearly 60 percent of US companies are confident about their business outlook in China over the next two years, according to a survey released by the American Chamber of Commerce in China on Wednesday.

The survey, conducted recently, found that China's two-year business outlook was more optimistic compared to the results of its previous 2023 China Business Climate Survey Report, thanks to the country's fast economic recovery, where 59 percent of its members reported a positive outlook, a 22 percentage points increase compared to the previous results (33 percent).

About 59 percent of its members also expressed positive views on China's domestic market growth, up from 42 percent in the previous results, according to the survey results.