European Union Chamber of Commerce in China (EUCCC) released Business Confidence Survey 2009 on June 30 in Beijing. The Survey 2009 collecting opinions from 313 EU enterprises in China shows that EU enterprises of most sectors are still full of confidence to Chinese market. The report cooperatively made by Roland Berger Strategy Consultants and the EUCCC points out that in 2008 the performance of EU companies in China is much more excellent than that in their own countries; while in 2009, 71% of surveyed companies indicate that the impact of economic downturn in their local market is far more severe than that in Chinese market, and Chinese market is becoming relatively more important.
Some 37% of respondents report that China has become a more important market for them since the financial crises ;24% of surveyed companies indicate that they enhance the sales target in Chinese market compared with last year. The Survey shows that 65% of surveyed companies are optimistic about growth of their industry in the next two years; 52% state they will continue to invest in new projects and new products, rather than “waiting for the crisis over”.
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