A recent report by the American Chamber of Commerce in South China (AmCham South China) reveals that US firms operating in the Chinese mainland remain optimistic about their long-term prospects. According to the survey released on Wednesday, 73% of the companies reported a positive or very positive overall return on investment in the region for 2024.
The study, which encompassed 316 companies, found that 76% of respondents plan to reinvest in the Chinese mainland in 2025. A significant portion of these firms are allocating under $10 million each for reinvestment, representing 77% of the total. Additionally, 6% of the companies have earmarked over $250 million for reinvestment in the upcoming year.
The report estimates that member companies have committed $14.59 billion from profits in the Chinese mainland for reinvestment over the next three to five years, marking a 33.18% increase compared to previous figures. This surge underscores the sustained confidence of US businesses in the region's economic landscape.
Reference(s):
cgtn.com