Amcham News
2010 "Special Report" & 2010 "White Paper"
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AmCham South China study corroborates main points of NPC work report
Chamber members estimated to reinvest 44% more in 2010, minimum $9.4 billion
GUANGZHOU, People’s Republic of China – March 11, 2010 – A study released today by The American Chamber of Commerce in South China (AmCham South China) reported that 2010 investment budgets for foreign enterprises appear to have increased by 44 percent—nearly recovering to pre-financial crisis levels—although 3-year budgets lag in recovery. AmCham South China estimates that its members will reinvest a minimum of $9.4 billion over the course of the year, and notes that 90 percent of study participants consider the business environment to be good, very good or excellent. Furthermore, the Chamber estimates that its member companies have contributed to the creation of approximately 429,000 additional jobs for urban residents—about 4 percent of the 11 million total new urban jobs reported by Premier Wen Jiabao in his “2009 Government Work Report” during the 3rd Session of the 11th National People's Congress last Friday.
The study, named the 2010 Special Report on the State of Business in South China, was released alongside the Chamber’s 2010 “White Paper”, which collected the study results with what Chamber President Harley Seyedin called in his introduction “a highly-accountable narrative” about the contemporary business environment in the P.R.C., which he more candidly explained to correspondents as “more like an academic paper than the list of opinions and complaints you usually find in White Papers.”
AmCham South China’s “White Paper” suggests that both the U.S. and Chinese governments continue to resist protectionism, in addition to noting that foreign-invested enterprises in China, now paying the same taxes as domestic-invested enterprises and subject to the same laws and regulations, should be considered “Chinese” companies, similarly to how both foreign- and domestic-invested companies in the United States are considered United States companies for legal and regulatory purposes. The Chamber also suggested that its members consider innovating in design and production methods to reach the large, relatively untapped, market of individuals living in second- and third-tier cities and that the Chinese government continue its efforts to achieve greater transparency in its regulatory and legislative efforts, which was ranked for the fourth consecutive year as companies’ largest concern as well as the greatest source of uncertainty in the business environment.
The “White Paper” also notes that many of the most famously innovative companies in recent memory would not, were they being started today under similar circumstances, be able to incorporate in the P.R.C. due to regulatory requirements such as minimum amounts of registered capital and the necessity of an office lease prior to company registration, leading to the suggestion that relevant authorities revisit said regulations with an eye toward encouraging greater participation from individuals with good ideas but lower means.
AmCham South China has conducted its Special Report study annually since 2006; the 2010 “White Paper” is the second in the series. Both are available for download free of charge at http://www.amcham-southchina.org.
华南美国商会研究报告支持政府工作报告要点
会员企业2010年度再投资预算上升44％，总额突破94亿美元
（中国·广州，2010年3月11日）华南美国商会（美国商会）今天向外界公布其年度调查研究报告指出，尽管外资企业的未来三年再投资预算的回升略显滞后，但其2010年度再投资预算上升44％——几乎回复到金融危机之前水平。商会估计旗下会员企业将在今年度至少再投资94亿美元，同时，九成企业认为营商环境好、很好或卓越。此外，会员企业在上一年为城镇居民提供约42.9万个就业机会——约占2009年度城镇新增就业1102万人的4％。（全年就业情况数据出自温家宝总理于2010年3月5日在十一届全国人大三次会议中代表国务院所做的政府工作报告。）
名为《2010年华南地区经济情况特别报告》的年度研究报告与《2010年中国营商环境“白皮书”》同期发布。商会会长哈利·赛亚丁先生评价“白皮书”是一份关于中国营商环境的，以“高度负责任说明态度”编撰的报告。他更坦率的向新闻媒体解释说：区别于常规罗列观点和投诉的白皮书，这份报告更像是拥有详尽资料来源出处的学术性报告。
华南美国商会的“白皮书”建议中美两国政府应继续抵制保护主义。同时，报告中指出在华外资企业与本土企业交纳相同的税款，受同样的法规管理，应该被认为是“中国”企业，就像在美国的外国及当地企业都在法律及监管方面被认可为美国企业一样。商会还建议其会员企业把设计和生产中的创新作为开发更广阔却相对闭塞市场的方法——为二、三线城市的居民设计和生产符合需要的产品。针对连续四年来企业最为关心的问题和营商环境中最不确定性因素，报告中也建议中国政府在行政和立法过程中加大透明度。
“白皮书”中还指出，许多今天世界知名的创意企业，假设在当前中国的类似客观环境下不太可能起步或成立，因为无法达到企业注册的相关规定要求，比如最低注册资金以及必须提供书面公司住所证明等。针对这一问题，报告中建议相关机构在制定法规时以鼓励拥有好创意但资金较少的个人更多参与市场为朝向。
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