Page 8 - 2022 Special Report on the State of Business in South China
P. 8
President?? Message ä¼???´è?

Dear Members, å°????????

It is important to note that the ?¼å?注æ????ï¼??????½å?ä¼??ç¾??ä¼?????ä¸??
American Chamber of Commerce in South China ?¨ç?ç«?????æ´¾ã????¿å????èµ¢å??§ç?????ºæ?ï¼??è®?
(AmCham South China) is an entirely independent ?¨å???¡¿?¹å?????½å??½å?ä¼?????äº?1995å¹´æ?ç«???
member driven, non-partisan, non-political, non- ???ç¾??????±ä?????¸¾?ºç?å®????????äº??è¿??
government, non-profit business organization ?ºæ?管ç?????ºç??©ç??????????ç¾????????è°?
accredited in 1995 by US Chamber of Commerce ??????ï¼??代表ç¾???¿å????ä»??åº??ç»??è§?????
in Washington, DC. The information provided ??????????°å?没æ??¥å?ä»»ä??¿å?????©ã??
in this publication is researched and produced
independently by AmCham South China and does ????»é??·æ?å¹´ä???¸¤ä½??ç»??å¢??å·²é??????
not represent the views of the US or any other
government or organization. AmCham South 2019å¹´å??¶ï?ä¸??æ­£å?ä¸?????ï¼?»¥å®??ä»??å¢?
China receives no funding from any government ?¿ç??°å?å¸???????¨³å®??ç»??ä½?½¬?????ä¸?å¹´ï?å°?
for the production of this publication. 管中?½ç?æµ???¿æ????¾ç?ï¼??ä»???°ä?6.1%å¢????è¶?
è¿??大å??°å?ä»??å®¶ã?????å¸??è·???????ä¸???????
Building a yearly double-digit increasing å½±å?????½å?人å????????¥æ?ç»???¿ï????ï¼?????
economy is not as easy as it used to be. ä¸??è´¸æ????å½±å?ï¼??ç»??ä»??????§ã??????2019å¹?
é©??è¦?????ï¼?????????¶ç??????¹±äº???????
At the close of 2019, China was continuing ??????�??
its historic transition from being a superhigh-
growth, emerging market to a mature, established ??ººè®¤ä¸ºï¼?¸­ç¾?´¸???让中?½æ????ä¿¡ï??????¿«
economy. At the time, even with some deceleration, ??????大å????è´¹å??ºï???????西æ?对中?½ç?æµ??
the Chinese economy was still expanding at a 6.1% ?¶çº¦?????????å¦???¥ç??°å????ï¼???£å????为ä?
annual clip, a figure that well outstripped most ä¸??ç»??å¢????大ç??¨å?????£ç??§å?使中?½è?ä¸??
other nations. The country was internationalizing ???äº?¤§ç»??ä½?????西æ?æ¶?´¹å¸????½±???è¿??ç¬?
rapidly via the Belt and Road Initiative, and per ??¸­?½ç?????¹å???¥¿?¹å?ç¬???????????·å????è½?
capita disposable income was continuing to rise ?? ç­?º§?????æ±??å¢?????£å¤§å¹???¿å???????ä¸????
all while showing resilience in the face of the trade ?©ï????äº????????ç»´æ?稳å?å¢??ï¼????????è¿??
war with the US. Then, at the end of the year, a ç¬??å¹´ï?ç»?????ä¸?¹³è¡¡å??§ï?äº??è§£å????????´ï?ç¾?
novel coronavirus emerged that proverbially ?½å?æ°??è´¹æ??ºè????å¼¹ï???¸­?½å?ä¸???½ä????æ¶?´¹
knocked all the pieces off the table. ??»­ä½?¿·??????å¢????º¦ä½???????°´å¹³ã???9??»½
????°æ?????¶å?é¢??æ¯????4.4%ï¼??ä½??2019å¹´å?
One might suspect that China?? trade war å¹´ç?8%?????????è½??ä¸??¹é????äº?¸­?½æ²¡???ç¾?
with the US convinced its leaders that the country ?½é??·å??¾æ??©é?ï¼?????è´¹è???æ¶?´¹?½å?è¾?¼±???ä¸?
needed to move faster to expand its domestic ?¹é?ï¼?????äº?¸­?½æ?ä¼??欢å??±ï??¨å½¢?¿ä?ç¡??ï¼?°¤
consumer market so its economy would not sway
inconsistently by the trade winds from the West.
The coronavirus pandemic, however, steered
the second largest economy in the world in the
opposite direction by making exports a larger
driver of growth than at any other time in years,

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