According to the British Reuters reported on October 10, the U.S. China Business Council, the 10th annual survey report said that although the majority of U.S. companies in the Chinese business environment "watered down", but still plans to increase investment in China.
According to the report, although the sales and profits of U.S. companies in the Chinese market has been growing, but the rising costs, competitive pressures, market access barriers ", as well as various regulatory restrictions, is making the loss of U.S. companies doing business in China confidence. The 111 U.S. companies participating in the survey, 45% said that China's business environment has been better than three years ago, only 26% reported more confidence in doing business in China. However, there are still nearly 70% of U.S. companies plan to increase investment in China.
The report also said U.S. companies in China have been two consecutive years of the biggest challenges of doing business in China from the recruitment and retention of workers, followed by the license restrictions of various businessmen think outside the box. Competition from state-owned enterprises in China as well as rising labor costs and raw material prices are also the challenges faced by these companies.
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