CEOs reinforce bright growth outlook for firms

CEOs of Chinese companies have a more optimistic corporate growth outlook than their global peers, according to an industry survey.

Domestic CEOs also have a stronger intent to invest in advanced technologies and pursue mergers and acquisitions, or M&As, for future growth.

According to the 2018 Global CEO Outlook, a survey report published by KPMG based on responses of 1,300 CEOs across a wide range of industries, China head honchos' confidence in the growth outlook for their companies remains unchanged at a high level of 90 percent, same as in 2017.