Steady growth! The report on the development of Chinese enterprises in the EU is published!

According to People’s Daily Online on November 15th, on November 14th, the China Chamber of Commerce in the European Union released its annual flagship report “Building a Road of Mutual Trust and Creating a Prosperous China-China Enterprises’ Development Report in the EU 2023/2024″.

The report pointed out that despite the impact of global economic shocks and geopolitics, enterprises in Europe and China have been under pressure and maintained steady growth. About 90% of the 180 companies and institutions in China have achieved revenue growth, up from 70% last year, and about 80% plan to increase investment in Europe. In addition, greenfield investment has replaced M&A and become the mainstream mode for Chinese enterprises to invest in Europe. China’s investment continues to provide jobs for the EU and help the EU’s scientific and technological innovation.

However, the rating of Chinese enterprises on the EU business environment has declined for four consecutive years, and this year’s scientific research environment rating has declined for the first time. 63% of the companies surveyed believe that the EU’s “de-risk” strategy poses a challenge to them. On the basis of research, the report calls on the EU to avoid politicizing business issues in key areas of digital and green transformation, such as information and communication technology (ICT), new energy vehicles and clean energy.

Previously, EU e-commerce also reported that the EU had initiated a countervailing investigation against imported new pure electric vehicles originating in China, and “threatened” China to close the European market and other news. The contents mentioned in the report may be related to these incidents. In addition, the report also calls on China and Europe to enhance mutual trust on the basis of fully resuming exchanges at all levels this year, and work together to meet global challenges such as geopolitics, climate change, energy and food crisis, and seek common sustainable development of economic and trade investment, green industry and digital economy, so as to help the two major markets of China and Europe communicate and prosper.

Steady growth! The report on the development of Chinese enterprises in the EU is published!

According to People’s Daily Online on November 15th, on November 14th, the China Chamber of Commerce in the European Union released its annual flagship report “Building a Road of Mutual Trust and Creating a Prosperous China-China Enterprises’ Development Report in the EU 2023/2024″.

The report pointed out that despite the impact of global economic shocks and geopolitics, enterprises in Europe and China have been under pressure and maintained steady growth. About 90% of the 180 companies and institutions in China have achieved revenue growth, up from 70% last year, and about 80% plan to increase investment in Europe. In addition, greenfield investment has replaced M&A and become the mainstream mode for Chinese enterprises to invest in Europe. China’s investment continues to provide jobs for the EU and help the EU’s scientific and technological innovation.

However, the rating of Chinese enterprises on the EU business environment has declined for four consecutive years, and this year’s scientific research environment rating has declined for the first time. 63% of the companies surveyed believe that the EU’s “de-risk” strategy poses a challenge to them. On the basis of research, the report calls on the EU to avoid politicizing business issues in key areas of digital and green transformation, such as information and communication technology (ICT), new energy vehicles and clean energy.

Previously, EU e-commerce also reported that the EU had initiated a countervailing investigation against imported new pure electric vehicles originating in China, and “threatened” China to close the European market and other news. The contents mentioned in the report may be related to these incidents. In addition, the report also calls on China and Europe to enhance mutual trust on the basis of fully resuming exchanges at all levels this year, and work together to meet global challenges such as geopolitics, climate change, energy and food crisis, and seek common sustainable development of economic and trade investment, green industry and digital economy, so as to help the two major markets of China and Europe communicate and prosper.