中国商务环境调查报告2026

CONTENTS 目录02Chairman’s Message主席致辞4. Business Environment商业环境4104Executive Summary概述4.1 Investment Environment 投资环境42151. 2026 Survey Methodology2026 年调查方法4.2 Human Resources人力资源72212. Performance Snapshot绩效速览4.3 Innovation and Intellectual Property Rights创新和知识产权81273. Business Operations and Goals商业运营和经营目标5. US-China Relations美中关系902AmCham China's 2026 China Business Climate Survey Report Chairman’s MessageIf we could sum up this year’s China Business Climate Survey Report in one word, it would be resilience – namely, the ability of American businesses in China to endure, adapt, and continue operating amid prolonged uncertainty and disruption. This report reflects a business community that has continued to compete, invest, and deliver results, even as economic pressures, policy uncertainty, and geopolitical tensions have become enduring features of the operating environ-ment. Looking ahead, our members see the potential for that resilience to translate into opportunity and profitability, provided the bilateral trade and investment relationship is guided by greater clarity, predictability, and guardrails that reduce the risk of sudden escalation. For policymakers, our message is clear: businesses thrive when rules are transparent, engage-ment is consistent, and economic ties are insulated as much as possible from political volatility. We are hopeful that the leaders of the first and second largest economies in the world will have the vision to take us in that direction. This matters not only for the US-China relationship, but also for global growth, stability, and confidence in the international trading system.James ZimmermanChairman, AmCham China January 20263AmCham China's 2026 China Business Climate Survey Report 主席致辞若以一词概括本年度的《中国商业环境调查报告》，那当属“韧性”—— 即在华美资企业于长期的不确定性与多重扰动之下，所展现出的承压坚守、灵活应变与稳健经营的能力。本报告充分印证，在经济压力、政策不确定性及地缘政治紧张局势已成为营商环境常态化特征的背景下，在华美资企业依旧坚持竞逐市场、持续投资并创造价值。展望未来，我们的会员企业看到了将这种“韧性”转化为“机遇”与“盈利”的潜力。然而，这一转化的实现取决于美中双边贸易和投资关系更为清晰、更可预期，并且建立防范局势骤然升级的风险管控机制。我们向政策制定者传递的信号清晰明确：唯有规则透明、交流畅通、经贸往来尽可能免受政治波动干扰，企业方能蓬勃发展。我们期待，全球前两大经济体的领导人能够以远见卓识，引领我们朝着这一方向迈进。这不仅关乎美中双边关系，更关乎全球的经济增长、稳定与对国际经贸体系的信心。 吉莫曼 中国美国商会董事会主席 二零二六年一月4AmCham China's 2026 China Business Climate Survey Report Executive SummaryIn 2025, the global economic environment remained complex and challenging, marked by frequent trade frictions, the spillover effects of geopolitical risks, and mounting pressure on the global economic recovery. Meanwhile, China’s economy is undergoing deepening re-form as it continues to transition from old to new drivers of growth, with the aim of transforming its economy from an investment-driven model to a consumption-driven one. Against this backdrop, AmCham China member companies have shown strong operational resilience. Survey results indicate an improvement in overall financial perfor-mance, with 52% of responding companies expecting to be profit-able, up 6 percentage points (pp).A stable and constructive US-China relationship remains crucial for the vast majo