Global firms confident in China business

Foreign companies are optimistic about China's opening-up strategy and consider the country a priority investment destination.

2018 marks the 40th year since China implemented the opening-up strategy and opened its arms to qualified foreign companies to invest in the country. With China entering the new normal in economic development, the confidence in China's business climate and the level of opening-up has also been growing.

According to a recent survey conducted by the American Chamber of Commerce in China and the global management consulting firm Bain & Company, 46 percent of the surveyed companies from the United States doing business in China held a positive attitude toward further opening of China's market to foreign investment in the coming three years, up from 34 percent in 2016.