m in business opportunities, and other factors such as urbanization are having a positive effect on consumer spending.
It is very likely for the government to further open the Chinese economy to foreign investment. Although the external econ
mic situation is complex, China is moving quickly to push forward a draft law amendment that supports the co
ncept of pre-establishment national treatment, which will encourage fair competition between foreign and do
mestic businesses. Such measures will give foreign investors more opportunities to share China’s growth dividend.
China is at a critical point in its economic restructuring and rising up the value chain. If foreign companies leave the country at this crucial juncture, it will be di
fficult for them to re-adapt and re-enter the market after the economy reaches a new equilibrium.
Amid the economic restructuring, only foreign enterprises that remain calm and adapt to China’s development can survive and win their place in the market.