Page 12 - AmCham South China 2026 Special Report on the State of Business in South China
P. 12

Key Takeaways                            关键要点










           Key takeaways of this report are as below:         本报告的关键要点如下:



              ?In  2025,  37%  of  the  companies  studied        ?2025年,37%的受访企业表示超过百分之六十的
           reported that over 60% of their worldwide revenue   全球营收来自中国,同比增长6个百分点,彰显了其持续
           originated  from the  Chinese  market, representing   的战略重要性。
           an increase of 6pp  year-on-year and underscoring
           its continued strategic importance.

                                                                  ?2025年,45%的受访企业表示其在华营收实现
              ?In  2025, 45% of the companies studied         显著增长或小幅增长,该比例较2024年下降2个百分
           reported  either  a  significant  or  slight  increase  in   点。与此同时,表示营收持平的企业比例上升4个百分
           revenue in China, reflecting a 2pp  decline  from   点,达到21%。
           the previous year. Meanwhile,  the proportion of
           companies  indicating  unchanged  revenue  rose by
           4pp to 21%.
                                                                  ? 2025年,受访企业在华整体财务表现持续走
              ?The overall financial performance of the       弱。其中82%的企业表示实现盈利,该比例同比下降3
           companies studied in China continued to soften in   个百分点。
           2025, with 82% reporting profitability, representing a
           3pp drop year-on-year.
                                                                  ?在已实现在华盈利的受访企业中,37%表示其财
              ?Among companies reporting profitability        务表现符合预算预期,另有6%的企业显著超出预期。对
           in  China,  37%  indicated  that  their  financial   于尚未实现在华盈利的企业,78%预计将在两到五年内
           performance aligned with budget projections,       实现盈利。与此同时,16%预计盈利所需时间将超过六
           while an additional 6% significantly exceeded      年,该比例相较2024年上升了8个百分点。
           expectations.  For  companies  not  yet  profitable  in
           China, 78% expect to achieve profitability within two
           to five years. Meanwhile, the proportion anticipating   ?74%的受访企业表示在华总体投资回报率为正
           a longer path to profitability?exceeding six years?  值或较大正值。42%认为其在华总体投资回报率高于其
           increased by 8pp to 16%.                           全球总体投资回报率,该比例同比增长3个百分点。

              ?74% of the companies studied characterized
           their overall return  on  investment (ROI)  in  China   ?对中国业务前景持乐观态度的企业比例同比上
           as positive  or  very positive.  42%  assessed their   升4个百分点,达到61%。
           overall ROI in China as superior to their global ROI,
           representing a 3pp increase year-on-year.
                                                                  ? 中国依然是全球最具吸引力的投资目的地之
              ?The  proportion  of  companies  expressing     一。2025年,45%的受访企业将中国列为其全球首选投
           optimism regarding  their business  prospects in   资目的地,该比例较2024年上升6个百分点。
           China increased by 4pp year-on-year to 61%.

              ?China remains a highly attractive investment       ?2025年,63%的受访企业表示已在华开展实际再
           destination, with 45% of the companies studied now   投资,该比例同比小幅上升2个百分点。
           ranking it as their top global investment priority?a
           6pp increase from 2024.
                                                                  ?2025年,企业在华实际再投资规模仍主要集中在
              ?In  2025, 63% of the companies studied         较低水平,多数企业(76%)在华实际再投资额低于1000
           reported  reinvesting  operations   in  China,     万美元,与最初预算处于该区间的企业比例(77%)高度
           representing a modest increase of 2pp year-on-year.  吻合。


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