Page 60 - AmCham South China 2026 Special Report on the State of Business in South China
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he negative effects of Chinese tariffs on 国关税政策对企业造成的负面影响亦显
Tthe companies studied has intensified 中著加剧，受冲击企业比例已达到2018年
significantly as well, reaching a record high since 有记录以来的最高值。整体而言，57%的受访企业表
2018. Overall, 57% of the participating companies 示其运营受到关税政策的不利影响，较2024年上升
indicated that these tariffs have adversely affected 12个百分点。
their operations, marking a notable 12pp increase
from 2024.
按企业来源国进一步分析可见，不同国家的企
业受影响程度差异明显。其中，美资企业受到的冲击
A closer analysis by company origin reveals
a pronounced disparity in exposure. American 最为突出，有72%的企业表示运营受到负面影响，同
companies continue to bear the heaviest 比大幅增长16个百分点。这一比例远高于中资企业
burden, with 72% reporting negative impacts?a （51%，同比上升5个百分点）及其他国家企业（47%，
substantial increase of 16pp year-on-year. This 同比上升10个百分点）。
figure significantly outpaces the reported impact
on Chinese firms (51%, +5pp) and companies from
other countries (47%, +10pp).
Figure 62. Impact of Chinese Tariffs on Business (2024 & 2025) (by Origins of Companies)
图表62. 中国贸易关税对企业的影响（2024&2025）（按照国家来源划分）
Chinese Companies American Companies Other Companies
中资企业 美资企业 其他国家企业
60 61
