The Chinese Chamber of Commerce in the European Unio and consulting firm Roland Berger jointly released the 2023-2024 flagship report on the 14th, saying that in the face of geopolitical risks, Chinese companies in Europe have withstood the test of economic shocks and maintained steady growth in performance.The report said that although the crisis in Ukraine and the energy crisis have led to an increase in production costs for enterprises, trends such as green development and digital transformation have brought development opportunities.Among the approximately 180 Chinese companies and institutions surveyed, approximately 90% achieved revenue growth, up from 70% last year, and approximately 80% planned to increase investment in Europe.The report shows that greenfield investment has replaced mergers and acquisitions and has become the mainstream model for Chinese companies to invest in Europe.Chinese investment continues to provide jobs for the EU and boost EU technological innovation.The scores of Chinese companies on the EU's business environment have declined for four consecutive years, and this year's scientific research environment scores fell for the first time.63% of the companies surveyed believe that the EU’s “de-risking” strategy poses a challenge to them.Xu Chen, President of the China Chamber of Commerce in the European Unio, said that China and the EU are each other's second largest trading partners. The bilateral trade volume reached a new high last year, with more than a quarter of high-tech products, and the share of green products such as photovoltaics, batteries and electric vehicles rising steadily, fully Demonstrate the resilience and vitality of China-EU economic and trade relations.Fang Dongkui, secretary-general of the China Chamber of Commerce in the European Unio, told reporters that good cooperation between China and Europe plays an irreplaceable role in global economic stability.China and the EU share a consensus on green development and complement each other's strengths in digital transformation. The two sides have broad prospects for cooperation.The China Chamber of Commerce in the EU was registered in Brussels in 2018, aiming to promote China's economic and trade activities with Europe and strive for a better business environment for Chinese companies in Europe.
