Survey: The Chinese economy slows down into the largest business challenge in China an

The Chinese EU Chamber of Commerce stated that the slowdown of the Chinese and global economy has become the largest business challenge for European European companies, followed by the tightness and decoupling of the political situation in China and the United States.

Comprehensive Reuters and Bloomberg reported that the Chinese EU Chamber of Commerce announced the annual position document on Wednesday (June 21).The document shows that the number of European companies that regard China as the top three destinations in the future has reached a record low, only 55%; the number of European companies that profit in the Chinese market in 2022 have decreased three times compared with the previous year. China's profit profits are three times. China's profit profits.The importance to European companies has also fallen for two consecutive years.

The interviewed enterprises believe that economic slowdown is the largest business challenge they face, ranking on the challenges such as Sino -US political tensions, decoupling and crown disease epidemic.

The Chinese EU Chamber of Commerce conducted a survey of European companies in China from February to March this year, collecting a total of 570 responses.The results also reflected the high number of European companies that had lost money in China in 2022.

About 64%of European companies in China believe that business in China is more challenging than before.The Chinese EU Chamber of Commerce said that as China's business environment is more challenging and unpredictable, the investment and operation strategies of European European companies are undergoing corresponding adjustments.

But the survey also showed that 63%of the interviewed companies said that if the market and regulatory obstacles are eliminated, they are willing to increase investment in China.

The Chamber of Commerce believes that the deterioration of business mood in the past three years is very serious, and it is not reversed in one night.European companies are facing a perfect challenge storm in China, prompting these companies to think about reducing risks or hedging risks.

The Chamber of Commerce also pointed out that the new bill for Europe and the United States will force many companies to improve the transparency of business in China. The trend of seeking diversification of supply chain in China and European companies may be in the medium term.Inside exacerbation.About 11%of the interviewed companies said they had transferred some investment overseas, which was the same as the proportion of last year's survey.

In response to geopolitical conflicts, the Chamber of Commerce pointed out that European European companies are facing increasing political pressure from the interests of the interests of China, Europe, and third parties.With the increasing demand for consumers, these companies are being pulled in different directions.