Page 12 - 2025 Special Report

Key Takeaways 关键要点

Key takeaways of this report are as below: 本报告的关键要点如下：

·The proportion of companies that gained ·31%的受访企业表示，超过百分之六十的全球营
over 60% of their global revenue from China has 收来自中国，该比例相较2023年上升了5个百分点。
risen by 5pp to 31%.
·47% of the companies studied experienced ·47%的受访企业表示，2024年在华营收显著增加
a significant or slight increase in revenue in China. 或少量增加。43%的美资企业（同比上升7个百分点）和
A larger share of American companies (43%, +7pp 47%的制造业企业（同比上升17个百分点）实现营收增长。
y-o-y) and manufacturing companies (47%, +17pp
y-o-y) experienced revenue growth.
·2024年，企业整体盈利能力较往年有所减弱。85%
·In 2024, overall profitability declined, with 的受访企业表示已在中国实现盈利，该比例相较过去两
85% of companies reporting profitability in China, a 年下降了3个百分点。
3pp decrease compared to the previous two years.

·Concerning the companies that are profitable ·对于已实现在华盈利的受访企业，45%表示已实
in China, 45% reported to have met their budget 现盈利且达到预期。88%尚未实现在华盈利的受访企业
expectations. Among companies yet to make profits 预计将在二到五年内实现盈利。同时，8%预计实现盈利
in China, 88% expect to reach that milestone within 所需时间将超过六年。
two to five years. Only 8% anticipate it will take
more than six years.

·73%的受访企业表示2024年在华总体投资回报
·73% of the participating companies report
that their overall return on investment in China 率为正值或较大正值。相较全球总体投资回报率，39%
的受访企业认为其在华总体投资回报率更佳，这一比例
in 2024 is positive or very positive. 39% enjoy a
higher return on investment in China than globally, 相较2023年下降了12个百分点。
reflecting a 12pp decrease from 2023.

·In 2024, 57% of the companies studied ·2024年，57%的受访企业对其在华业务发展保
remain optimistic about their business prospects 持乐观预期，该比例相较2023年下降了5个百分点。对
in China, a 5pp decrease from the previous year. 在华发展充满信心的美资企业比例显著下降了14个百
American companies’ confidence dropped by 14pp, 分点，而制造业企业的乐观预期降幅最为显著，对其在
while the manufacturing sector saw the steepest 华业务前景持积极态度的企业比例同比下降了18个百
decline, with an 18pp drop in optimism. 分点。
·China continues to hold a dominant position
in global investment priorities, with 39% of the · 中国在企业全球投资计划中持续保持领先地
companies studied ranking it as their top investment 位，39%的受访企业将其列为首选投资目的地。此外，58%
destination. Additionally, 58% of foreign companies 的外资企业将中国列为全球三大投资优先地之一，较
consider China among their top three global 2023年小幅上升1个百分点。具体而言，45%的美资企业
investment priorities, a modest 1pp increase from 将中国视为其全球投资计划中的前三大投资目的地之一。
2023. Specifically, 45% of American companies
consider China as the top three spots in their global
investment plans. ·61%的受访企业表示2024年有在中国进行实际
再投资，该比例相较2023年下降了5个百分点。美资企业
·In 2024, 61% of the companies studied 的再投资情况保持稳定，57%的美资企业表示已在中国
reported to have reinvested in China, marking a 进行实际再投资，与去年的数据持平。

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