The attractiveness of the Chinese market to foreign investment has increased significantly, as can be seen in the January data. The actual use of foreign capital increased by more than 20% month-on-month, and the number of newly established foreign enterprises increased by 74% year-on-year, indicating that the confidence of foreign enterprises in the Chinese market has not weakened. Western countries such as France, Sweden, Germany and Australia have seen even more significant investment growth, and these changes may differ from their rhetoric, but their actions show that they still value the potential of the Chinese market.
The successful cases of foreign enterprises in the Chinese market also provide a reference for other enterprises. For example, the strong performance of Canada Goose and L'Oréal France in China drove their overall performance growth and prompted them to continue to invest in the Chinese market. CEOs of these companies generally believe that the Chinese market is a place full of opportunities and an important choice to invest in the future.
The survey report of the British HSBC Group further explains the reasons why foreign companies are optimistic about China, including China's huge consumer market, perfect and stable ** chain, and consumption recovery. The recovery of the domestic consumer market is particularly obvious, with the explosion of consumption in industries such as tourism, film and catering during the Spring Festival, as well as the strong growth of ** consumption, all reflecting the pursuit of high-quality life and the improvement of consumer confidence among Chinese consumers.
In summary, the recovery of consumption in the Chinese market not only reflects consumers' desire for a better quality of life, but also provides huge business opportunities for multinational companies. Against the backdrop of sluggish consumer markets in other parts of the world, the vitality and potential of the Chinese market has attracted a lot of attention from foreign companies, making it an important destination for them looking for growth and certainty.