A survey by the Chinese Chamber of Commerce in China shows that most Japanese companies are not optimistic about China's economic prospects in 2024, and only a quarter of companies are expected to improve the Chinese economy.

According to the Bloomberg Society on Monday (January 15), the Chinese Japanese Chamber of Commerce found that 1713 companies investigated in China and Japanese companies found that for the prediction of China's economic situation in 202437%are flat, and only 25%are considered improved.

For investment in China, more than 400 Japanese companies said that the investment in China in 2023 decreased from the previous year, accounting for a slight increase in the survey of last October.Investment, only 15%of companies expressed their increase in investment.

In addition, nearly 40%of Japanese mechanical companies said that investment in China decreased last year, 5 percentage points higher than the last survey.

After the report was released, a large part of the result may be the challenge facing the car industry.Japan and other foreign car manufacturers have encountered difficulties in the competitive market in China and lag behind the transformation of electric vehicles.

For freezing or cut investment in China, some Japanese companies have mentioned that over -investment and worrying that demand is difficult to recover, and some companies have expressed their concerns about decircation, China's anti -spy law and data situation.

The survey was conducted from late November to mid -December, and 1,037 manufacturing companies, 665 non -manufacturing companies and 11 other companies were received.

According to the annual report released by the Japan Trade Revitalization Agency (Jetro) last November, after investigation of 710 Japanese companies, it was found that only 27.7%of the companies saidBusiness in China, this is the first time that the number has fallen below 30%in comparable records since 2007.