According to the survey, thanks to the advantages of China's super-large-scale market and the entry into force of RCEP, overseas enterprises continue to be optimistic about the China market, and more than 80% (82%) of the respondents expect their China business to grow in the coming year. The survey is aimed at nearly 3,400 enterprises in six major markets around the world, covering nine RCEP member countries and seven major economies, including enterprises that have already started business in China market or plan to open up China market in the near future.
According to the report, the overseas enterprises surveyed expect their business income in China to increase by nearly 20% on average in the coming year, among which the enterprises in RCEP member countries are relatively more optimistic. Nearly 40% of enterprises expect their business in China to increase by at least 30% in the coming year, and about 10% of enterprises expect their business to increase by at least 50%.
The CEO of Fonterra Greater China, a member dairy company, told the Global Times on Saturday that the China market is the largest market in the world and its importance will "naturally" continue. Zhou believes that RCEP, as a rule-based free trade agreement, can strengthen the consistency of trade and bring about certain efficiency improvement, which is what enterprises are happy to see. According to Zhou, exports to the country account for 50% of Fonterra's export business. With the further appearance of RCEP effect, Fonterra expects this proportion to continue to increase.
The 5th Hongqiao International Economic Forum, held concurrently with China International Import Expo (CIIE), released the World Open Report 2022 on the 5th. The report shows that China has made progress in adhering to a high level of opening-up. The opening index has increased from 0.7 107 in 20 12 to 0.7507 in 2020, with an increase of 5.6%, and its ranking has risen from 47th to 39th, which has become an important force to promote economic globalization.