On March 30, AmCham China Tianjin Chapter hosted a special breakfast briefing at the Conrad Hotel Tianjin to share key findings from the newly published China Business Climate Survey Report (BCS) and discuss the implications for foreign businesses’ operations in China.
The event was moderated by AmCham China, Tianjin Chairman Marcus Williams, and featured briefings from AmCham China President Michael Hart and Ricky Xue, Partner of PricewaterhouseCoopers Consultants (Shenzhen) Limited Beijing Branch.
Before introducing the speakers, Williams specifically appreciated the distinguished guests in attendance, including executives who devoted their ideas to the survey, guests from the European, Hong Kong, and Japanese Chamber of Commerce, as well as the present officials from CCPIT Tianjin, Tianjin Municipal Bureau of Commerce, Tianjin Municipal Bureau of Industry and Information Technology, Science and Technology of Science and Technology, Tianjin Airport Economic Area Investment and Promotion Bureau, and TEDA Administrative Commission.
During Hart’s presentation, he provided a thorough overview of the China Business Climate Survey Report, which included detailed explanations of the data and presented objective statements. The 2023 report analyzes over 20 sectors, drawing on data from half of our members. It covers investment trends, regulatory developments, intellectual property, and US-China bilateral relations. The report highlights a slightly pessimistic outlook for US companies in China concerning China’s openness and business climate.
We were pleased to have Xue present the Tianjin figures and findings from the 2023 survey results, who brought us an in-depth examination of the top 5 business challenges identified by Tianjin-based multinational corporations (MNCs), as well as the opportunities for growth identified by local companies in Tianjin. He emphasized the implications of the survey’s findings for the future of business in Tianjin and brought more positive outlooks on the business trend.
During the Q&A session that followed, Hart and Xue answered questions from attendees on a diverse set of issues, including the strengths of China’s overall investment market, supply chain, and Jingji-jin-ji Area’s development. More than 50 participants were attracted to the briefing, offering them a special chance to acquire valuable insights and engage in discussions.