EU chamber sees lucrative market in China as biz environment brightens By ZHONG NAN | China Daily | Updated: 2021-07-20 09:26 Share CLOSE Photo taken on Sept 9, 2020 shows the view of the skyscrapers of the Central Business District (CBD) in Beijing, capital of China. [Photo/Xinhua]
China s business environment has become more accessible for European companies in a number of areas, the European Union Chamber of Commerce in China said.
Many firms, the chamber s leaders said, are reinforcing their position in joint ventures and onshore supply chains.
Besides, European companies are increasing spending in China to enlarge their local market share, they said.
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China still priority market for US firms: report
China remains a priority market for companies from the United States, and wholesale decoupling of the U.S. and Chinese economies is in neither country’s economic interest, according to a business report released on Tuesday by the American Chamber of Commerce in China.
The group, representing U.S.-based companies and often called AmCham China, called on China and the U.S. to cooperate in areas of global common interest and identify opportunities to strengthen global public health infrastructure in 2021, so that the world is better prepared for the next public health crisis, according the 23rd edition of the “American Business in China White Paper”.