China's market remains attractive to foreign firms, Zhang Xin, spokesperson of the China Council for the Promotion of International Trade (CCPIT), told a press conference on Tuesday, citing a survey that has found more than 80 percent of foreign-funded enterprises in China were satisfied with the business environment during the third quarter.
The survey, which covered 700 foreign-funded enterprises, showed that "technological innovation and R&D" were the biggest development opportunities in the Chinese market, and about half of the respondents were willing to increase investment in the western region for the third consecutive quarter.
The survey found that 70 percent of the foreign enterprises "remained stable" in the layout of their industry chains in China, which was 4.57 percentage points higher than in the second quarter.
One highlight identified in the survey was that foreign investors have begun to integrate into the core supply chain dominated by China's leading companies, especially in the new-energy vehicle industry, and they will benefit from structural opportunities created by the overall upgrading of the entire Chinese industry chain, Tian said.
