BEIJING, CHINA –\u00a0Media
CPA Australia<\/a>‘s annual Mainland China
The survey results reflect that businesses
Innovation and technology<\/b><\/p>\n
The survey results find Mainland
The results also indicate
Tax relief and fees reduction <\/b><\/p>\n
The survey results find that
In addition, the survey results
Exploring new markets<\/b><\/p>\n
Amid global trade tensions, many Mainland
According
Download <\/b>Report on
BEIJING, CHINA –\u00a0Media
OutReach\u00a0– 29 January 2021 – Business confidence in Mainland China is upbeat,
with 71 per cent of surveyed professionals expecting their company’s
profit will remain the same or increase in 2021. \u00a0
CPA Australia‘s annual Mainland China
Economic and Business Sentiment Survey shows that despite concerns over slowing global
economic …<\/p>\n","protected":false},"author":1,"featured_media":11704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11703"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=11703"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/11704"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=11703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=11703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=11703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOutReach<\/a>\u00a0– 29 January 2021 – Business confidence in Mainland China is upbeat,
\nwith 71 per cent of surveyed professionals expecting their company’s
\nprofit will remain the same or increase in 2021. \u00a0<\/p>\n![](\"http:\/\/release-manager.media-outreach.com\/i\/121283\/EN-infographic-1p.jpg\")
<\/p>\n
\n
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\nEconomic and Business Sentiment Survey shows that despite concerns over slowing global
\neconomic growth caused by the COVID-19 pandemic, 64 per cent of surveyed accounting
\nand finance professionals forecast their company will maintain or increase its
\nheadcount this year. <\/p>\n
\n
<\/p>\n
\nin Mainland China are showing high levels of confidence and believe that expectations
\nfor a global economic recovery, universally
\navailable COVID-19 vaccines and improved China-US relations will have a
\npositive impact on Mainland China’s economy in 2021.”<\/p>\n
\n
<\/p>\n
\n
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\nChinese businesses are focused on enhancing innovation capabilities. Many survey
\nrespondents expect their business to innovate in the areas of products and
\nservices, customer experience and business processes. More than half expect
\ntheir business will slightly or significantly increase investment into new
\ntechnologies, up seven percentage points from 2020.<\/p>\n
\n
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\nthat most businesses in Mainland China are
\nmaking investments in innovation and technology that will enable them to take
\nadvantage of long-term growth opportunities in the domestic market and to stay
\nahead of competitors through greater use of technology, improved productivity
\nand better business processes.<\/p>\n
\n
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\n
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\ntax relief and fee reductions are key measures supporting businesses
\nthrough challenging times. With tax and
\nfee cuts in Mainland China totaling over 2.5 trillion yuan in 2020, 79 per cent
\nof surveyed accounting and finance professionals stated that these measures were beneficial to their
\nbusiness in 2020. More than half stated that the greatest benefit of these
\nmeasures was a reduction in the overall tax burden.<\/p>\n
\n
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\nshow strong support for the continuation of
\nthe government’s tax reform program, with most respondents indicating that individual
\nincome tax (65 per cent), corporate income tax (63 per cent), and value-added
\ntax (49 per cent) should be the major focus of tax reforms in 2021.<\/p>\n
\n
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\nChinese businesses are optimistic that the signing of the Regional
\nComprehensive Economic Partnership (RCEP) will positively impact the Mainland
\nChina’s economy in 2021. <\/p>\n
\n
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\nto the survey, 38 per cent of respondents expect the signing of RCEP
\nwill create more trade opportunities for Chinese businesses, 23 per cent
\nbelieve it will create new investment opportunities for Chinese businesses and
\n17 per cent believe that it will increase collaboration with other countries.<\/p>\n
\n
<\/p>\n
\nCPA Australia’s Mainland China Economic and Business Sentiment Survey 2021<\/a><\/b>
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"