Page 41 - AmCham South China 2026 Special Report on the State of Business in South China
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n 2025, 72% of the companies studied 025年，72%的受访企业表示未将投资转移
Ireported not relocating investment away 2至中国以外地区，该比例较2024年提升4个
from China, representing a 4pp increase from the 百分点。按企业来源国分析，美资企业变化尤为明显，
previous year. Broken down by corporate origin, 未转移投资的比例同比上升9个百分点，达到73%。
American companies showed the greatest shift, 其他国家企业也呈现相似趋势，该比例提升7个百分
with the share not relocating investment rising 点至72%。与之形成对比的是，中资企业中表示未转
by 9pp to 73%. Similarly, companies from other 移投资的比例同比下降4个百分点至72%。
countries registered a year-on-year increase of
7pp to 72%. In contrast, Chinese companies were
the exception to this trend, with the proportion
reporting no investment relocation decreasing
by 4pp to 72%.
Figure 40. Comparison of Intentions of Shifted Investment (2020-2025)
图表40. 投资转移意向对比（2020-2025）
Yes No
是 否
Figure 41. Comparison of Intentions of Shifted Investment (by Origins of Companies)
图表41. 投资转移意向对比（按照国家来源划分）
40 41
