Reference News Network, December 24 report: According to the South China Morning Post website on December 23, a survey conducted by KPMG shows that despite the US government's efforts to decouple from China and its allies have also followed suit, 75% of multinational companies operating in mainland China maintained or increased their investments in 2025.
The survey results were released on the 22nd. The survey was conducted between June and September this year, and a questionnaire was administered to the executives of 137 multinational companies operating in the world's second-largest economy, China.
Companies planning to increase their investment stated that they will deepen their business layout in China through new investments, mergers and acquisitions, or the establishment of joint ventures.
Han Ruizheng (Mark Harrison), co-managing partner of KPMG China's multinational enterprise channel, said: "In the past six months, we have seen a significant increase in M&A activities by multinational companies in China."
He pointed out that global multinational corporations are acquiring companies that perform well in areas such as electric vehicles, healthcare technology, biotechnology, water technology, advanced materials, and robotics, helping to explore global business potential and fully utilize production capacity.
Han Ruizheng also said: "In more consumer-facing areas, facing fierce domestic competition and a challenging market, multinational companies are achieving vertical integration by acquiring distributors, agents, and contract manufacturers to better understand and serve Chinese consumers."
Whether in the short term or medium term, multinational companies' confidence in the Chinese economy is higher than their confidence in the global economy. Only 27% of respondents expressed moderate or higher confidence in global economic growth in 2025, while 64% of respondents expressed moderate or higher confidence in the economic outlook for China over the next 3 to 5 years.
Looking at industries, multinational companies have the highest confidence in the economic growth prospects of China's life sciences and healthcare industry over the next 3 to 5 years, followed by consumer retail, industrial manufacturing, and automotive industries.
About half of the respondents expect their revenue in China to grow in 2025.
Liao Yijian, chairman of HSBC (China) Limited, said in early September that multinational companies are increasing their investment allocations in China's high-end manufacturing, healthcare, and pharmaceutical sectors.
Liao Yijian also said that multinational companies remain optimistic about China's consumer-related industries such as fast-moving consumer goods. (Translated by Lin Zhaohui)
Original: toutiao.com/article/7587241168145826314/
Statement: This article represents the views of the author himself.