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中国美国商会今日发布了具有里程碑意义的第25期《美国企业在中国白皮书 》（以下简称《白皮书》），该《白皮书》为中美两国政府详细列举了一系列跨部门与针对具体行业的政策建议。今年《白皮书》的40个章节将回顾过去一年的新情况，其中包括20章聚焦行业问题，包括农业、银行、信息科技、制造业、医疗卫生与房地产11章探讨产业政策与市场准入相关内容，包括竞争法、合规、采购和税收等，以及5章针对具体地区：华中、东北、西南、 上海、天津的内容。
Lingering Effects of COVID-Zero and Heightened Bilateral Tensions Headline Challenges for US Companies in China
The American Chamber of Commerce in China (AmCham China) today releases the landmark 25th edition of the American Business in China White Paper (White Paper), which lays out in detail a number of policy recommendations – both cross-sector and industry-specific – for the Chinese and US governments. This year’s edition contains 40 chapters covering developments over the past year, and includes 20 chapters on industry-specific issues, such as agriculture, banking, ICT, manufacturing, healthcare, and real estate, 11 chapters on industrial policy and market access, such as competition law, compliance, procurement, and taxes, and five chapters with a region-specific focus, covering central China, northeast China, southwest China, Shanghai, and Tianjin.
[Global Times] Chinese market attractive to US firms; majority have no plans to relocate operations: AmCham survey
Many US companies still find the Chinese market an attractive investment destination, with a large majority of them saying they have no plans to relocate operations elsewhere, though increasing rivalry between the world’s two largest economies casts shadows over bilateral ties, a survey by the American Chamber of Commerce in China (AmCham China) revealed Wednesday.
U.S. businesses operating in China are increasingly pessimistic about their prospects in the world’s second-largest economy, according to a survey released Wednesday by the American Chamber of Commerce in China.
[South China Morning Post] China no longer a top 3 investment destination for most US firms amid mounting business challenges
American Chamber of Commerce in China survey shows 45 percent of firms ranked China as a top-three investment priority in their near-term investment plans. This marks a significant shift from 60 percent last year amid growing concerns over China’s policy uncertainties and bleak bilateral ties with the United States.
AmCham survey shows companies’ outlook for China is negative.
More than half of US firms say won’t be profitable in 2022.
U.S. companies are also more pessimistic about their financial outlook there, with more than half saying they didn’t turn a profit last year and more than a third saying their China revenue fell from a year earlier, according to the survey conducted by the American Chamber of Commerce in China.
China will continue to be a very important market for a whole host of sectors, especially when it comes to advanced manufacturing, says Michael Hart, the president of the American Chamber of Commerce in China.
“There’s a lot of concerns about supply chains, and there’s a lot of concerns about United States-China relations. When you can have people come and have face-to-face meetings, people-to-people exchanges, that will really help,” said Mr Michael Hart, President of the American Chamber of Commerce in China.
根据中国美国商会（AmCham China）最新发布的调查报告显示，在华美资企业的财务表现与近几年相比稍显悲观情绪，但大多数公司表示，他们没有计划将业务转移到其他地区。2022 年，会员企业业绩预测结果显示，在华收入、利润率和息税前利润率（EBIT）都呈现出同比下降趋势，会员企业营收预计降至2020年的水平。
US companies in China reported a slightly more pessimistic financial outlook compared to recent years, though a large majority of companies say they have no plans to relocate operations elsewhere, according to a new survey released by the American Chamber of Commerce in China (“AmCham China”). Estimated performance results for 2022 showed a decline in the portion of member companies that saw increased revenue, profitability, and Earnings Before Interest and Taxes (EBIT) margins compared to last year, with figures declining to 2020 levels.
Embrace Common Interests, Create Forward Momentum: US-China Stakeholders Gather Amid Calls for Collaboration
CPPCC National Committee Vice Chairperson Wan Gang and US Ambassador to China Nicholas Burns Deliver Keynote Speeches at AmCham China’s 22nd Annual Appreciation Dinner
[South China Morning Post] Climate-based tariffs by US, EU on Chinese steel and aluminium would ‘set a concerning precedent for China’
Nicholas Burns, the US ambassador to China, told the American Chamber of Commerce in China early this month that both countries have a joint interest – and global responsibility – to work together on transnational challenges such as climate change.
[The Wall Street Journal] Shanghai Disneyland Reopens as Businesses in China Welcome Covid-Control Easing
“I think we all believe that Covid is now here and it’s spreading, and as you have more things open, it will spread faster,” said Michael Hart, president of the Beijing-based American Chamber of Commerce in China. “We assume it’s a pretty fluid situation, and there could be new rules to come in and try and clamp down if the spread is too rapid.”
“Today’s measures focused on the domestic environment; however, we would also like to see further relaxation of inbound travel restrictions, continuing the progress that has been made on that front earlier this year,” Colm Rafferty, chairman of AmCham China, said in a statement.
[South China Morning Post] Hopes rise of further changes to China’s Covid controls as rules start to ease and focus shifts to preparing for further outbreaks
Colm Rafferty, chairman of the American Chamber of Commerce in China, said: “This [the reduction in quarantine for incoming travelers], plus the reduction to a single PCR test before departure and the removal of China’s ‘circuit breaker’ flight cancellation mechanism will help to improve both the availability and predictability for inbound flights. These are all very welcome moves for our business community.”
[South China Morning Post] China’s economy is losing its lustre, but US firms say it’s irreplaceable in the short term
Although “nobody can replace” China in the near future, growing uncertainty coupled with competition from neighbouring countries is causing foreign companies to reassess operations in the world’s second largest economy, says the president of the American Chamber of Commerce in China.
[Barron‘s] China Is Pouring Billions Into Its Covid Testing Plans. The Costs Are Dragging Down the Economy
In May, 74 per cent of respondents to a survey by the American Chamber of Commerce in China said zero-Covid measures had impeded their ability to attract or retain skilled foreign staff.
“Surveys from AmCham China and the European Union Chamber of Commerce in China show revenues are down. Maybe what’s not captured in these surveys is the level of unease that people have. I feel that everyday both myself, but also among the many people that I know whether foreign or Chinese.”
另外，中国美国商会(American Chamber of Commerce in China)周四对102家会员企业的调查发现，受近期的新冠疫情影响，44%的受访企业减少或推迟了在华投资计划，凸显出中国政府的动态清零抗疫政策给外企带来的压力。
US firms in China saw an improvement in output and logistics in June from May, according to a survey by the American Chamber of Commerce in China, but the situation was still not back to normal.
“As before, we urge the government to seek an even more optimal balance between pandemic prevention, economic development and opening up of the country,” said Colm Rafferty, AmCham China’s chairman.
An AmCham China survey showed on Thursday supply chains received some relief in June, with fewer companies reporting COVID disruptions but an overwhelming 98% of firms in the poll still experiencing a negative impact from COVID on their business.
[South China Morning Post] US firms in China praise quarantine cut, but coronavirus restrictions still weigh heavy on confidence
US companies in China have reported marginal improvements in business conditions, but inconsistent coronavirus restrictions across the country continue to pose a challenge to supply chains and production, the American Chamber of Commerce in China (AmCham China) said on Thursday.
US companies in China continue to experience a range of negative impacts from pandemic-related restrictions, according to a new Flash Survey from the American Chamber of Commerce in China (“AmCham China”). 98% of respondents reported an ongoing negative impact from COVID-19 on their business, citing a range of factors, despite the announced end of lockdowns in Shanghai and elsewhere. Meanwhile, revenue projections have worsened in recent months, with 69% of respondents reporting their 2022 revenue projections have decreased, an increase of 11 percentage points (pp) from a previous survey conducted in May (“May Survey”).
“Each of these measures is a step in the right direction, but more streamlining is needed,” said Colm Rafferty, chairman of the American Chamber of Commerce (AmCham) in China.
[The Straits Times] China eases certain entry requirements for foreigners, a tiny step amid ‘zero-Covid’ policy
Pre-departure testing for people headed to China has eased slightly in several countries in recent weeks. “Each of these measures is a step in the right direction, but more streamlining is needed,” said Mr Colm Rafferty, chairman of the American Chamber of Commerce (AmCham) in China.
AmCham China confirmed China’s Ministry of Foreign Affairs is in the process of removing the requirement to obtain a PU letter, or invitation letter, before applying for certain types of visas at relevant Chinese embassies or consulates abroad, according to a notice AmCham China sent to its members seen by the Global Times on Friday.
Surveys from AmCham China and the European Union Chamber of Commerce in China show revenues are down. Maybe what’s not captured in these surveys is the level of unease that people have.
[CNBC] Residents in Shanghai begin to emerge following two months of Covid lockdowns. The easing measures come as Chinese officials look to jumpstart the stalling economy.
Michael Hart, President of AmCham China responded to CNBC, ‘It’s likely going to take at least a month to get supply chains up running again. A lot of our members are reassessing and looking over the state of their operations, including inventory, components, and the readiness of equipment.’
Meanwhile, a survey published by the American Chamber of Commerce in China this month shows that more than 50% of American businesses have either delayed or decreased their investments in China due to recent outbreaks and repeated lockdowns.
With China being a top market priority for nearly two-thirds of the chamber’s member companies, Colm Rafferty, the chamber’s chairman, said its members believe that a decoupling of the US and China economies is in neither country’s economic interest.
On Tuesday, the American Chamber of Commerce (AmCham) in China said pandemic restrictions were aggravating already tense China-U. S. relations. “The COVID-19 pandemic aggravated this deterioration, deepening mistrust between the two countries and reinforcing the focus on supply chain security, reshoring, and domestic manufacturing,” it said in a white paper.
US companies remain committed to Chinese market despite their diplomatic tensions, with 83 percent of the firms surveyed not considering relocating manufacturing or sourcing outside of China, according to an annual white paper released by the American Chamber of Commerce in China (AmCham China) on Tuesday.
[South China Morning Post] US-China decoupling: Beijing, Washington urged to work on ‘real’ plans for bilateral engagement
“In the past, what has made China attractive to our member companies has been the country’s clear long-term strategic development goals, significant market opportunity, and a highly supportive and predictable business environment,” Rafferty said. “But, today, our members feel that the business environment has become a lot less predictable, largely due to the pandemic and its related restrictions. More worryingly, members don’t see any light at the end of the tunnel.”
The American Chamber of Commerce in China President Michael Hart discusses the latest findings of the AmCham China White Paper which lays out a number of policy recommendations for the Chinese and US governments. Hart speaks to Haslinda Amin and Rishaad Salamat on “Bloomberg Markets Asia”.
“The Covid lockdowns this year and the restrictions over the past two years are going to mean that three, four, five years from now, we will most likely see investment decline,” Michael Hart, president of the American Chamber of Commerce in China, said Tuesday in Beijing.
The American Chamber of Commerce in China (AmCham China) today releases the 24th edition of the American Business in China White Paper (White Paper), which lays out in detail a number of policy recommendations – both cross-sector and industry-specific – for the Chinese and US governments. This year’s edition contains 38 chapters covering developments over the past year, and includes 20 chapters on industry-specific issues, such as agriculture, banking, ICT, manufacturing, healthcare, and real estate, 12 chapters on industrial policy and market access, such as competition law, compliance, procurement, and taxes, and four chapters with a region-specific focus, covering central China, northeast China, Shanghai, and Tianjin.
American businesses in China are slashing investments and lowering revenue projections as coronavirus lockdowns hit operations and supply chains, a survey shows. More than half of the 121 companies polled by the American Chamber of Commerce in China have either reduced or delayed investment in the country, while nearly 60 percent of them lowered their income forecasts for this year following the latest outbreaks, according to a statement.
[The Wall Street Journal] China’s Trade Slows as Demand Drops and Covid-19 Lockdowns Hit Supply Chains
In a survey of 121 of its members conducted in late April and early May that was published Monday, the American Chamber of Commerce in China said more than half have delayed or reduced investment in China in response to the latest Covid-19 outbreaks and 58% expect revenue this year to be weaker than forecast.
More U.S. businesses in China are cutting revenue expectations and plans for future investment as Covid controls drag on, a new survey found. Between late March and late April, the share of respondents reporting an impact from Covid restrictions rose by 4 percentage points to 58%, according to an American Chamber of Commerce in China survey released Monday.
U.S. companies have largely stayed steadfast in their commitment to remaining in China, but a new survey shows rising concern as the government locks down in response to Covid-19. The results are the latest indication of the difficulties facing the nation’s economy, and how those issues could affect the changing shape of globalization.
More than half of the American companies operating in China say they have delayed or cut investments as they evaluate their options globally, and foreign staff are less willing – or simply refusing – to shift to China. This is the dire picture presented by a flash survey of 121 companies by the American Chamber of Commerce in China between April 29 and May 5.
American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber of Commerce in China said on Monday. In a survey of 121 members, 49% said foreign workers are either significantly less likely to – or are refusing to – move to China because of COVID-related policies, with 82% singling out uncertainty over how long quarantine and lockdown times will last as the main reason.
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling US business confidence in China,” said Colm Rafferty, Chairman for the Chamber in China, in a statement that accompanied the survey results. “Our member companies urge the government to achieve a more optimal balance between pandemic prevention, economic development, and opening-up of the country,” he added.
[South China Morning Post] China’s coronavirus controls are ‘throttling US business confidence’, American lobby groups says
The results of a new survey from the American Chamber of Commerce in China (AmCham China) show growing dissatisfaction with authorities’ handling of the outbreak. All 121 companies surveyed between April 29 and May 5 said they have been affected by the government’s Covid-19 policies.
More than half of the 121 companies polled by the American Chamber of Commerce in China have either reduced or delayed investment in the country, while nearly 60% of them lowered their income forecasts for this year following the latest outbreaks, according to a statement.
US companies reported a dire economic picture in China, following COVID-19 outbreaks that have spread across the country in recent weeks, according to a new Flash Survey from the American Chamber of Commerce in China (“AmCham China”). The foreign business community’s confidence in doing business in China continues to decrease, with all 121 company respondents to the survey saying they had been negatively impacted by China’s policies concerning the recent outbreak, citing a range of factors.
On April 14, 2022, AmCham China held the virtual launch of the 2022 Social Impact Reports. Over 100 representatives from member companies, think tanks, and relevant organizations joined the event, which marked the culmination of the second annual Social Impact Initiative (SII).
A new joint flash survey from AmCham China and AmCham Shanghai out today reveals 99% of respondents have been impacted by the recent COVID-19 outbreak in China. The survey focused on quantitative issues such as COVID-19’s expected impact on corporate revenues, investment decisions, and talent retention. The survey also included questions on China’s management of COVID-19 and provides member company’s top recommendations on how to improve regulations.
中国美国商会与上海美国商会于 3 月 29 日至 30 日开展了快速调查，以了解新冠肺炎疫情对会员企业在华运营的影响。本次调查共收集来自167 家会员企业的反馈。
The American Chamber of Commerce in China is saddened to hear of the tragic plane crash in southern China earlier today. Our deepest condolences are with the families and friends of all those affected by this incident.
US companies in China reported a mixed picture, balancing slightly improved business performance last year with growing uncertainty about the future of China’s business environment, according to a new survey released by the American Chamber of Commerce in China. While 2021 revenue and profitability rebounded compared to 2020, they have yet to return to pre-pandemic levels.
AmCham China has advocated tirelessly for the past three years for the extension of non-taxable allowances for expatriate employees at the central and local levels. These non-taxable allowances, which include housing, education, and language training, had been set to become fully taxable in 2022. This was a top AmCham China member concern, expected to result in a further decrease of international assignments to China.
三年来，中国美国商会一直锲而不舍地为外籍个人津补贴个税优惠政策的延续实施在中央和地方各个层面奔走、呼吁。此前，包括住房补贴、语言训练费、子女教育费等在内的津补贴个税豁免政策原定于 2022 年1月1日起正式全面取消。因这一举措预计将进一步打击外籍人员来华工作的热情，这一问题曾一度成为中国美国商会会员企业最关注的首要挑战。
中国美国商会 (AmCham China) 最新的一个快速调查显示，近三分之二的受访者最希望两国政府能在年内恢复正常的签证服务，为企业高管及其家属提供往返两国的通道。今年中国美国商会会员公司的其他主要关注点包括规范政府间沟通，重建信任，以及取消双边关税等。
A new flash survey from the American Chamber of Commerce in China (AmCham China) shows nearly two-thirds of respondents want the US and the Chinese governments to restore regular visa services and travel channels for business executives and their dependents by the end of 2021.
The American Chamber of Commerce in China (AmCham China) today releases the 23rd edition of the American Business in China White Paper, which sets forth a significant number of policy recommendations – both cross-sector and industry-specific – for the Chinese and US governments. Additionally, the White Paper lays out AmCham China’s three main policy priorities for 2021, which provide the foundation for these more specific recommendations.
Against this backdrop, our 2021 Policy Priorities reflect the reality of a bilateral relationship characterized by mistrust. They also aim to promote the crucial cooperation called for above. These priorities reflect the opinions of the Chamber’s 900 member companies headquartered not just in the US, but also Europe, Australia, and other parts of Asia. They are drawn from multiple discussions among AmCham China members and supported by analysis from our annual BCS and the American Business in China White Paper.
The American Chamber of Commerce in China (AmCham China) successfully held the inaugural Social Impact Summit in Beijing today. The full-day conference marked the conclusion of the Chamber’s first Social Impact Initiative (SII), a six-month, twin-tracked program that aims to help China’s millions of small enterprises recover from the pandemic and accelerate healthcare reforms by bringing together government, companies, institutions, and experts from China, the US, and globally to deliver positive, practical, and innovative recommendations to Chinese policymakers.
2020 was a challenging year for most foreign businesses operating in China, battered by US-China tensions and the global pandemic, according to a new survey released by the American Chamber of Commerce in China (“AmCham China”). Despite significant challenges, though, the outlook among foreign businesses in China remains relatively positive, largely due to the Chinese government’s early and stringent response to the pandemic, an improving investment environment, and anticipation of a more predictable policy environment.
The American Chamber of Commerce in China congratulates President Biden and Vice President Harris on the inauguration and welcomes the opportunity to work closely with the new administration to provide a full account of the current situation of US companies on the ground in China.