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japanese companies in china recognize that the business environment has improved and their satisfaction has increased for four consecutive years

2024-09-02

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[japanese companies in china also recognized the improvement in the business environment, with 58% of the companies surveyed saying they were "very satisfied" or "satisfied," and satisfaction has increased for four consecutive surveys.]

on august 30, the japan chamber of commerce in china released the results of the fourth round (april to june) of the questionnaire survey on economic climate and business environment awareness of its member companies in beijing, showing that the sales and operating profits of japanese companies in china have improved significantly month-on-month.

the survey received 1,760 valid responses, a record high. among the surveyed companies, the proportion of companies that reported an increase in revenue increased by 12 percentage points from the previous quarter, and the proportion of companies that reported an increase in operating profit increased by 10 percentage points from the previous quarter.

japanese companies in china remain positive about their willingness to invest in the chinese market, with 55% of them indicating that their investment will "increase significantly", "increase" or "remain the same as last year", which is the same as the results of the previous survey.

masami miyashita, vice president of the japan chamber of commerce in china, told the first financial reporter that the positive investment intention of enterprises is mainly based on the views of japanese enterprises on the chinese market. japanese enterprises believe that the chinese market is a very important market for them in the world, and if enterprises want to continue to carry out economic activities, they must continue to invest.

at the same time, japanese companies in china also recognized the improvement in the business environment, with 58% of the companies surveyed expressing "very satisfied" and "satisfied", and satisfaction levels have increased for four consecutive surveys.

revenue and profit improved

according to the survey, compared with the first quarter, the operating income and operating profit of almost all industry classifications have improved. among them, the number of companies with improved revenue in the "steel, non-ferrous metals, and metal products" industry increased by 19 percentage points; in the chemical, "electrical and electronic machinery" and "automobiles, parts, and other transportation equipment" industries, the proportion of companies with increased revenue increased by 14 percentage points; the general machinery industry increased by 12 percentage points.