Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Haikou Jiangdong New Area
Investment

Chinese firms willing to invest more in EU if business environment improves: survey

September 11, 2020


Abstract : Chinese companies in the European Union (EU) have a less favorable view than last year on the ease of doing business in the bloc, but they are willing to increase investment when the situation gets better, a survey published on Thursday shows.

BELGIUM-BRUSSELS-CCCEU-RECOMMENDATION REPORT

A launch ceremony of China Chamber of Commerce to the EU's annual recommendation report is held in Brussels, Belgium, on Sept. 10, 2020. Chinese companies in the European Union (EU) have a less favorable view than last year on the ease of doing business in the bloc, but they are willing to increase investment when the situation gets better, a survey published on Thursday shows. The survey, conducted by China Chamber of Commerce to the EU (CCCEU) and Roland Berger, a global strategy consultancy, is part of CCCEU's annual recommendation report titled "Acting for Common Future: Chinese Enterprises in the EU Striving for Growth amid Slowdown and Regulatory Hurdles." (Xinhua/Zhang Cheng)

BRUSSELS, Sept. 10 (Xinhua) -- Chinese companies in the European Union (EU) have a less favorable view than last year on the ease of doing business in the bloc, but they are willing to increase investment when the situation gets better, a survey published on Thursday shows.

The survey, conducted by China Chamber of Commerce to the EU (CCCEU) and Roland Berger, a global strategy consultancy, is part of CCCEU's annual recommendation report titled "Acting for Common Future: Chinese Enterprises in the EU Striving for Growth amid Slowdown and Regulatory Hurdles."

The survey finds that Chinese companies in the EU gave a score of 70 points to the general business environment, slightly lower than 73 points in 2019.

When asked to assess the overall business environment, close to 60 percent of the interviewees cited "a slight decline," and 10 percent "a significant decline."

The survey also finds that if the ease of doing business in the EU improves, 60 percent consider investing more and close to 20 percent intend to increase "significantly."

According to the survey, Chinese businesses have somewhat less favorable views in three aspects concerning the ease of doing business: political environment, macroeconomic and sector-specific environment, and labor market.

Nearly three in four respondents (72 percent) believe that the EU market is grimmer than last year, and 55 percent experience more difficulties in hiring European and foreign talent.

On the contrary, they have more favorable views than last year on the EU's infrastructure and Research and development (R&D) sector: 56 percent see greater connectivity between China and the EU, and 53 percent point out more frequent scientific exchanges and joint research.

Based in Brussels, CCCEU was founded in 2018 by a group of Chinese enterprises. It represents up to 70 members and chambers in member states, covering about 1,000 Chinese companies in the EU. Enditem

Scan the QR code and push it to your mobile phone

Keyword: investment EU business environment

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial