“2012 Special Report on the State of Business in South China” and “White Paper” on the business environment in China now available
GUANGZHOU, Mar. 2 – The American Chamber of Commerce in South China launched its annual “2012 Special Report on the State of Business in South China” as well as its “White Paper” covering the business environment across China on February 28, 2012.
The special report, released for the past seven consecutive years, details the results of a survey conducted by AmCham South China among the association’s members with the aim of reporting the pulse of the current economic situation throughout the region. Additionally, the report presents in-depth economic overviews of Guangdong, Fujian, Guangxi, Hainan, Hong Kong and Macau provided by the foreign investment consulting firm Dezan Shira & Associates.
AmCham South China estimates that its members will reinvest a minimum of US$10 billion over the course of this year and notes that 85 percent of study participants consider the business environment to be good, very good or excellent. Furthermore, the Chamber estimates that its member companies hired approximately 544,000 new individuals over the course of 2011. Continue reading