Over 80 percent of surveyed foreign firms rated China's business environment as "satisfactory" or better, according to the China Council for the Promotion of International Trade (CCPIT).
The survey report on China's business environment for foreign-invested enterprises in the fourth quarter of 2024, released by the CCPIT at a press conference on Friday, showed that over 80 percent of the surveyed firms have maintained stability in their industrial and supply chains in China.
Nearly 50 percent of the surveyed enterprises expect their investment profits in China to increase in the next five years, with nearly 50 percent of the surveyed European-funded companies and nearly 40 percent of the surveyed U.S.-funded companies sharing this expectation, according to the report.
The CCPIT also released the 2024 China Business Environment Survey Report at Friday's press conference, which showed that China's overall business environment is continuously improving with high-level satisfaction among both Chinese and foreign companies.
Nearly 90 percent of surveyed firms were "very satisfied" or "satisfied" with China's business environment, marking an increase of 2.1 percentage points compared to 2023.
"Market expectations remain optimistic. In 2024, over 70 percent of the surveyed enterprises reported stable or increased profits, a proportion similar to that in 2023. More than 60 percent of the surveyed companies expressed a positive outlook on China's prospects," said CCPIT spokeswoman Yang Fan.
China's business environment has been also proven satisfying by a business confidence survey report from the German Chamber of Commerce in China, which showed that 92 percent of the 546 German companies in China participating in the survey have planned to continue operation in China, with 61 percent planning to invest in new factories or equipment, and 50 percent planning to invest in research and development innovations.
"According to the surveyed German enterprises, long-term investment in China is driven not only by the country's vast market size, but also by the vitality of the Chinese market, its rich talent pool, well-developed industrial chain, and well-equipped infrastructure. This strongly proves that China remains a thriving land for foreign investment and business development," said Yang.
Over 80 pct of surveyed foreign firms satisfied with China's business environment: CCPIT
Marking China's 11th Space Day, the China National Space Administration (CNSA) introduced major space projects in the 15th Five-Year Plan period on Friday in Chengdu, the provincial capital of Sichuan in the southwest, the main venue of a series of events marking this day.
Jointly sponsored by the CNSA and the provincial government, the event revealed major sci-tech achievements and space industry updates, with Shan Zhongde, head of the CNSA, introducing China's major space projects to be implemented in the next five years.
"In the areas of entering space, utilizing space, exploring space, and governing space, we will intensify the efforts to carry out key projects including manned spaceflight, lunar probe, planetary probe, and the national satellite internet. We will pace up the demonstration and launch of a new generation of space-power initiatives such as heavy-lift rockets, reusable launch vehicles, and next-generation national space infrastructure. In the fields of lunar and planetary probe, asteroid defense, on-orbit service, and space debris mitigation, we will deepen international collaboration, build the International Lunar Research Station, have in-depth engagement in global space governance, and create an open and cooperative landscape for China's space industry to build a community with a shared future for mankind," Shan said.
The CNSA also released a series of updates marking the Space Day, including the latest lunar discoveries from the Chang'e-5 mission, two new minerals named magnesiochangesite-(Y) and changesite-(Ce), selected international partners for the Tianwen-3 Mars mission, announcement of international cooperation opportunities for the Xihe-2 mission, and the Version 1.0 of the Commercial Space Standards System.
On the same occasion, Xie Jun, deputy chief designer of the BeiDou system, Zhang Bing, member of the Chinese Academy of Sciences, and veteran astronaut Ye Guangfu, were appointed as the 2026 China Space Public Welfare Ambassadors.
More than 30 side events will take place across Chengdu during the Space Day period. Highlights include a space science exhibition at the Chengdu New International Convention and Exhibition Center, a VR sci-fi drama aimed at extending space knowledge, and the Space Wish Initiative launched by the China Media Group (CMG), inviting the public to share their stories related to space.
"We plan to put up over 30 activities in various forms with rich content for the Space Day to give people a feeling for the evolution and dynamism of China's space program. Aside from offering academic exchange platforms for professionals, we place more emphasis on engaging the public, particularly young people, in carrying forward the spirit and culture of space exploration," said Wang Cheng, secretary-general of the China Space Foundation.
Officials introduces space projects in 15th 5-Year Plan period
