On May 30th, the China Council for the Promotion of International Trade released the "Research Report on the Business Environment of Foreign Investment in China in the First Quarter of 2023", which showed that over 80% of surveyed foreign enterprises expect their investment profit margin in China to remain unchanged or increase this year.

The report shows that in the first quarter of this year, the satisfaction of foreign invested enterprises was measured with indicators such as tax payment, access to financial services, municipal public infrastructure installation, cross-border trade, resolution of commercial disputes, market access, human resource supply, access to business premises, and promotion of market competition exceeded 80%.97% of foreign-funded enterprises rated the foreign investment policies introduced by the Chinese government since the fourth quarter of last year as "satisfactory" or above. More than 80% of the surveyed foreign-funded enterprises expect their investment profit margins in China to remain unchanged or increase this year, while over 90% of the surveyed enterprises expect their investment profit margins in China to remain unchanged or increase in the next 5 years. The Yangtze River Delta, Pearl River Delta, anddu Chongqing regions are the main regions that attract foreign investment. Expanding production lines in China or realizing digital transformation is the main way for foreign enterprises to increase capital. More than 70% of the surveyed companies stated that their industrial chain layout in China will maintain the current status or further localize the industrial chain in China.

From the report, it can be seen that with the continuous optimization of China's business environment, the industrial chain supply chain system is becoming more perfect, cross-border transactions are more convenient, and economic vitality is accelerating. Foreign enterprises continue to have a positive outlook on China's economic development, and their overall satisfaction with China's business environment is relatively high.

In the first quarter of this year, the China Council for the Promotion of International Trade conducted research and visits to over 600 foreign-funded enterprises from 26 provinces and cities across the country, covering traditional manufacturing, advanced manufacturing, traditional service industries, and modern service industries.61.21 of the surveyed foreign-funded enterprises in China are mainly concentrated in the processing and manufacturing sector.