US Companies in China Grapple with Renewed Trade Tensions Amid Calls for Policy Clarity and Engagement

Press Release

Beijing, April 25, 2025 – The American Chamber of Commerce in China (AmCham China) today released the 27th edition of the American Business in China White Paper (White Paper), which presents more than 100 detailed policy recommendations – both cross-sector and industry-specific – for the US and Chinese governments. This year’s White Paper includes 37 chapters spanning over 600 pages, and covers 21 industry-specific areas such as healthcare, ICT, finance, education, and agriculture, 11 chapters on industrial policy and market access issues, and five region-specific chapters, including Shanghai, Tianjin, and the Northeast.

面对新一轮贸易紧张局势，在华美资企业呼吁明确政策与开展对话

Press Release

2025 年 4 月 25 日，北京——中国美国商会今日发布了第 27 期《美国企业在中国白皮书》（以下简称《白皮书》）。该《白皮书》为美中两国政府提供了逾 100条针对跨行业或具体行业的详细政策建议。本年度《白皮书》总计超过 600页，共设 37 个章节，其中 21 个章节关注具体行业，包括医疗、信息通信技术、金融、教育和农业等；11 个章节聚焦产业政策与市场准入专题；5 个章节关注地方和区域，包括上海、天津与中国东北等。

Leadership Transition at AmCham China

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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.

新冠疫情防控措施的存留影响与持续紧张的中美关系构成在华美资企业面临的首要挑战

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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

Press Release

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.

在华经营前景略显悲观情绪，中国作为首要投资目的地的会员比例首次出现下降趋势

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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。

Pessimism Creeps In as Willingness of US Companies to Invest in China Eases

Press Release

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.