China remains high priority market for most US firms operating in China: report

62 percent of member companies of the American Chamber of Commerce in China (AmCham China) consider China a global priority for investment, said a report released by AmCham China on Feb. 26.

80 percent of the AmCham China member companies expected positive industry growth in China this year according to the report.

After a slump in 2015, most of the interviewed firms achieved revenue growth in 2018 with service companies having the largest increase, the report said.

Tim Stratford, chairman of AmCham China, said that the consumption growth and the broadening middle class of the country would create the biggest business opportunities, followed by economic and market reforms.

The survey was conducted between Nov. 13 and Dec. 16, 2018. It was sent to 771 AmCham China member company representatives, of which 314 completed most of the questions.