Page 14 - 2020 Special Report on the State of Business in South China
P. 14
·Still, China has been considered one of the 2019å¹´å????è½?§»?°å?ä»???ºç????ä¼??æ¯??
top three investment destination in the world by ????¸å·®ä¸?¤§ï¼?????ä¼??2020å¹´å??????????
more than a half of studied companies, even though ????¥æ????ï¼?¤§?¨å????èµ??ä¸??100ä¸????»¥
its attractiveness as top one global investment ä¸????¼å???????ï¼??èµ??ä¸???????????æ¯??ä»?
destination and manufacturing base has been ä¼???´ä???
somewhat decreased.
???ä¼?????ä¸?¹´?¨å????èµ???¿ä??¶å¼º???å¹?
·Steady year-on-year growth of reinvestment å·??为é????èµ?????ï¼??è¿?¹´?¥å?????ºè?è´¸å?
in China was found in 2019. Surveyed companies ???å¼???¨ä????å¼±ã??
with low-and-medium budget of less than US$50
million in 2019 realized their reinvestment in China ????°å???????å¢???°å¹³ç¨³ç??????????ï¼?
as planned. Even though the US companies held æ¿???????ç«????????????§æ????ä¼???¨å???
declining optimism towards their business outlook ?°å???¸´???大æ?????
in China, more than one fourth of them reinvested
more than US$50 million in 2019. ???ä¼?????对ã??¤§æ¹¾å?è¡??计å????好ï?ä½??
为â???èµ???¡â????¥è?产æ?æ³?º­??¸®?©ç????ä¼????
·The number of studied companies who shifted ???�??
some of their reinvestment in 2019 was almost the
same as 2018, but the respondents?? willingness to ???ä¼??对ç?ä¸?¸¤?½è´¸???ç³»ä?ä¹??ï¼??使æ?ç¾?
reinvest in China in the upcoming year dropped ä¸?´¸???ä¸??¶æ?è¾¾æ????ç»?¤§?¨å????ä¼??ä¾??è®?
slightly in contrast to the previous year, with most of 为ç?ä¸?´¸???ç«??ä¼??2020å¹´æ?大ã???è¿?????ç«?
them reporting reinvestment from profits of less than ä¸???¸æ?ä¸??ä¼??ï¼??å¤??èµ??ä¸?§°?¶å????严é?ï¼?
US$10 million. What is also worth mentioning is that å°¤å?表ç??¨å??ºä»½é¢??丢失ä¸???
US companies were more reluctant to reinvest in China
than any other companies.

·Nevertheless, willingness of reinvestment in
China is expected to remain strong in the next three
years. While Guangzhou has been rated as the top
spot of reinvestment destination in the last three years,
attractiveness of free trade zones in South China has
been decreased.

·Business environment in South China showed a
steady but slow rising trend, with fierce local competition
and rising operating costs as constant challenge for
surveyed companies operating in South China.

·Most of the studied companies were optimistic
about the Greater Bay Area Action Plan, however there
was a slight reduce in surveyed companies considering
Ten Measures for Attracting Foreign Investment and
intellectual property court useful.

·Optimism towards US-China trade relations
was not marked in this research. Even after the
first phrase of Trade Agreement was reached, an
overwhelming majority believed the dispute was
likely to escalate in 2020. Compare with their Chinese
counterpart, more US companies reported that they
had been hurt in the trade tension, particularly
reflected in their lost market share.

14
   9   10   11   12   13   14   15   16   17   18   19