Doing Business in China Report

 

Media Coverage 

Doing Business in China Report 

The Doing Business in China Survey was conducted with the membership of the China-Australia Chamber of Commerce (AustCham) and the Australia China Business Council (ACBC) Victoria in Q3 2017. The survey base comprised Australian businesses operating in or doing business with China.

Responses were received from 100 companies. The survey respondents were predominantly (senior) executive-level leaders who provide strategic leadership in managing their companies’ China business interests.

Report Purpose:

The Doing Business in China Report is a critical tool for the chamber as it helps Australian businesses understand the opportunities and challenges facing companies in China. This report highlights the present and expected future benefits of the still young China-Australia Free Trade Agreement with Australian businesses indicating real optimism about its impact. While the generally agreed upon difficulty-of-doing-business remains the Achilles’ heel for many an Australian trade venture in China, this survey can help reflect and uncover some of the frustrations and obstacles facing Australian businesses in China.

Key Findings

  • In the last financial year, 52 percent of survey respondents said their financial performance in China was profitable.
  • 55 percent said that doing business with China was somewhat difficult.
  • Australian businesses felt increased engagement/attention from Chinese authorities positively impacted them. For instance, 26% felt optimistic about new IP protection measures, notwithstanding just over 2/3 were neutral.

See the Doing Business in China Report for the full release.

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