Page 14 - 2023 Mid-Year Report on Impact of COVID Policy Change
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Figure 8 Comparison of Change of Revenue in China in Q1 2023
图表 8 2023年第一季度在华营收变化对比
Chinese companies have outperformed 相较美资企业和其他企业，中资企业2023年
American and other companies in terms 一季度业绩表现更佳。高达64%的中资企
of revenue in the first quarter of 2023, with 业、仅38%的美资企业和57%的其他企业2023年一
up to 64% experiencing a significant or slight 季度在华营收显著增加或少量增加。近半（45%）美
increase in revenue, while only 38% of American 资企业一季度在华营收下滑1%-15%，而仅13%的中
companies and 57% of companies from other 资企业和20%的其他企业一季度出现亏损。
countries can say the same. Almost half (45%)
of American companies have experienced 从事消费产品及服务的企业和从事专业服务的
1% to 15% revenue losses in the first quarter, 企业在华营收保持稳健的增长态势，前者2023年一
while only 13% of Chinese companies and 季度在华营收实现增长的比例达54%，相较2022年
20% of companies from other countries have 上涨18%；后者比例达62%，相较2022年上涨6%。
experienced a loss of revenue. 近半（46%）制造业企业一季度在华营收出现轻微
下滑。
For companies engaged in consumption
products and services, as well as professional
services, their revenue in China shows signs of
steady growth, with 54% of the former and 62%
of the latter experiencing a rise in Q1 revenue,
up by 18% and 6% respectively compared
with 2022. Almost half (46%) of manufacturing
companies have experienced slight decreases in
Q1 revenue.
14
图表 8 2023年第一季度在华营收变化对比
Chinese companies have outperformed 相较美资企业和其他企业，中资企业2023年
American and other companies in terms 一季度业绩表现更佳。高达64%的中资企
of revenue in the first quarter of 2023, with 业、仅38%的美资企业和57%的其他企业2023年一
up to 64% experiencing a significant or slight 季度在华营收显著增加或少量增加。近半（45%）美
increase in revenue, while only 38% of American 资企业一季度在华营收下滑1%-15%，而仅13%的中
companies and 57% of companies from other 资企业和20%的其他企业一季度出现亏损。
countries can say the same. Almost half (45%)
of American companies have experienced 从事消费产品及服务的企业和从事专业服务的
1% to 15% revenue losses in the first quarter, 企业在华营收保持稳健的增长态势，前者2023年一
while only 13% of Chinese companies and 季度在华营收实现增长的比例达54%，相较2022年
20% of companies from other countries have 上涨18%；后者比例达62%，相较2022年上涨6%。
experienced a loss of revenue. 近半（46%）制造业企业一季度在华营收出现轻微
下滑。
For companies engaged in consumption
products and services, as well as professional
services, their revenue in China shows signs of
steady growth, with 54% of the former and 62%
of the latter experiencing a rise in Q1 revenue,
up by 18% and 6% respectively compared
with 2022. Almost half (46%) of manufacturing
companies have experienced slight decreases in
Q1 revenue.
14
