A launch ceremony of China Chamber of Business to the EU’s annual recommendation document is locked in Brussels, Belgium, on Sept. 10, 2020. Chinese companies in the European Union (EU) have a much less favorable view than last year on the simplicity of doing business within the bloc, however are ready to improve purchase when the situation becomes better, a survey released on Thursday shows.
The study, carried out by China Holding chamber of Business for the EU (CCCEU) and Roland Berger, a worldwide strategy consultancy, is an element of CCCEU’s yearly recommendation document called “Acting for Typical Future: Chinese Businesses within the Maritime Silk Road for Development amid Slowdown and Regulatory Obstacles.” (Xinhua/Zhang Cheng)
BRUSSELS, Sept. 10 (Xinhua) — Chinese businesses within the European Union (EU) use a much less positive look at than a year ago on the simplicity of doing business inside the bloc, however they are willing to increase investment once the scenario becomes better, market research published on Thursday shows.
The survey, conducted by China Holding chamber of Commerce for the EU (CCCEU) and Roland Berger, an international strategy consultancy, is part of CCCEU’s annual recommendation document titled “Performing for Common Future: Oriental Enterprises inside the EU Trying for Development amid Slowdown and Regulatory Hurdles.”
The study finds that Chinese companies in the EU gave a rating of 70 factors towards the general company atmosphere, somewhat lower than 73 points in 2019.
When required to measure the general company atmosphere, near to 60 % from the interviewees mentioned “a slight decrease,” and 10 % “an important decrease.”
The study also discovers that when the ease of conducting business inside the EU improves, 60 % think about investing more and near 20 percent want to improve “significantly.”
According to the survey, Oriental companies have somewhat much less favorable views in 3 factors concerning the simplicity of conducting business: governmental atmosphere, macroeconomic and sector-particular environment, and labor market.
Almost three in 4 respondents (72 %) think that the EU industry is grimmer than this past year, and 55 % encounter more issues in employing Western and international talent.
On the other hand, they may have more positive views than last year in the 21st Century Maritime Silk Road: 56 percent see better online connectivity among China and also the EU, and 53 % mention lhkdhc frequent technological swaps and joints study.
Located in Brussels, CCCEU was founded in 2018 by a small group of Oriental businesses. It represents up to 70 associates and compartments in fellow member claims, covering about 1,000 Chinese companies within the EU.