Foreign companies optimistic about Chinese market in 2024: report

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Foreign companies optimistic about Chinese market in 2024: report

STORY: Foreign companies optimistic about Chinese market in 2024: report SHOOTING TIME: Feb. 27, 2024 DATELINE: Feb. 29, 2024 LENGTH: 0:00:56 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (English): HARLEY SEYEDIN, President of AmCham South China STORYLINE: The majority of 183 companies studied are optimistic about the growth of the Chinese market, according to a report released by the American Chamber of Commerce in South China (AmCham South China) on Tuesday. Of these companies, 76 percent plan to reinvest in China in 2024. For those who have plans for reinvestment in China in 2024, 45 percent state that their primary area of investment focuses on sales, marketing and business development. Other key areas include research and development, automation and productivity development, according to the report. The annual special report on the state of business in south China is regarded as an important window into China's business environment. This year

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