1、May 2022AmCham China Flash Survey on COVID-19 Business ImpactVMAY09-C群内每日免费分享5份+最新资料 群内每日免费分享5份+最新资料 300T网盘资源+4040万份行业报告为您的创业、职场、商业、投资、亲子、网赚、艺术、健身、心理、个人成长 全面赋能！添加微信：xxyg_weixxyg_wei备注“入群”立刻免费领取 立刻免费领取 200套知识地图+最新研报收钱文案、增长黑客、产品运营、品牌企划、营销战略、办公软件、会计财务、广告设计、摄影修图、视频剪辑、直播带货、电商运营、投资理财、汽车房产、餐饮烹饪、职场经验、演讲口才、风
2、水命理、心理思维、恋爱情趣、美妆护肤、健身瘦身、格斗搏击、漫画手绘、声乐训练、自媒体打造、效率软件工具、游戏影音扫码先加好友，以备不时之需扫码先加好友，以备不时之需行业报告/思维导图/电子书/资讯情报行业报告/思维导图/电子书/资讯情报致终身学习者社群致终身学习者社群关注公众号获取更多资料关注公众号获取更多资料Survey MethodologyAmCham China conducted a Flash Survey of members on the impact of COVID-19 regulations on the American business community. The
3、 survey is a follow up assessment, based on the joint Flash Survey released on April 1 together with AmCham Shanghai (April survey).The survey was conducted from Friday April 29 to Thursday May 5. The survey measured the impact on supply chains, investments, profits, and talent retention. We have al
4、so added questions regarding the Chinese governments recent efforts to stabilize supply chains, unify and ease transportation requirements, and partially reopen the manufacturing sector following the intensification of lockdowns in March, to better understand the effectiveness and challenges of thes
5、e policies.Some 121 companies with operations throughout China responded to the survey.1Survey respondents were segmented into four main categoriesConsumer(n=32)Resources & Industrial(n=28)Services(n=22)Technology andOther R&D-intensive Industries (n=33)Other(n=6) Consumer Products Retail and Distri
6、bution Healthcare Services Education Media andEntertainment Hospitality and Travel & Leisure Agribusiness Automotive & Transportation Vehicles Machinery, Equipment, Systems & Controls Oil & Gas/Energy Other Industrial (e.g., Chemicals, Mining, Paper & Packaging) Financial Services (e.g., Banking, In
7、surance) Real Estate and Development Transportation and Logistics Investing (e.g., Private Equity, Venture Capital) Other Services (e.g., Law, Human Resources, Accounting, Marketing, Advertising and PR, Research, Consulting) Aerospace Healthcare Products (e.g. Pharmaceuticals, Medical Technology) Te
8、chnology/ Telecommunications-Hardware Technology/ Telecommunications-Services Social & Public Sector/nonprofit (including industry associations) Other (e.g., environmental services, think tank)Survey MethodologyChart totals are rounded to the nearest percent2Survey HighlightsOverall impact: The fore
9、ign business communitys confidence in doing business in China continues to decrease, with 100% of respondents reporting an impact from Chinas policies concerning the recent outbreak, citing a range of factors.Investment: Over half of respondents (52%) have already either delayed or decreased investm
10、ents as a result of the recent COVID-19 outbreak. Production: Among those with Shanghai operations, 15% of respondents report their companys Shanghai operations have yet to reopen in the wake of the March COVID-19 outbreak. Across all the regions, 59% of respondents report slowed or reduced producti
11、on capabilities due to a lack of employees, inability to get supplies, or government-ordered lockdowns. Revenues: Following the recent COVID-19 outbreak, 58% of respondents have decreased 2022 revenue projections, up slightly from 54% in the April flash survey results.Foreign staff: Half of responde
12、nts (49%) say that foreign talent is either significantly less likely or refusing to relocate to China as a result of the “Dynamic zero-COVID” policies, including recent lockdowns in Shanghai and other cities. Uncertainty around length of quarantine/lockdown was the primary reason reported behind th
13、is trend, as selected by 82% of respondents.Chinas COVID-19 management: 46% of respondents are satisfied with Chinas efforts at effective contact tracing. However, 82% of respondents are dissatisfied with the length of quarantines, and 77% are dissatisfied with restrictions on travel to China, which
14、 is consistent with the April flash survey results.3Survey HighlightsSupply chains: 61% of respondents report that the recent COVID-19 outbreak is challenging supply chains primarily due to disruptions to transportation and shipping networks. 12% of respondents say that the recently released policy
15、measures designed to stabilize supply chains and unify and ease transportation requirements have had a positive impact on their ability to operate, while another 56% report ongoing negative business impacts from supply chain disruptions. Among the 68% of respondents who have recently been able to pa
16、rtially restart operations, ongoing supply chain disruptions remain the top challenge to their operations (as reported by half of the 68% of respondents).4HR-related challenges remain as top concerns, with 81% reporting employees now forced to work online or remotelySupply chain disruptions continue
17、 to impact business operations, up slightly (+4%) from the April surveyHow has the recent COVID-19 outbreak in China impacted your business? (Select all that apply) 81%65%61%59%55%36%34%33%7%0%78%64%57%60%56%38%33%30%1%Forced to move to online/remote workEssential staff including senior executives a
18、nd engineers unable totravel to ChinaDisrupted supply chain due to disruptions to transportation andshipping networksSlowed or reduced production because of lack of employees,inability to get supplies, or government-ordered lockdownsDecreased profitsDelayed or slowed investment decisionsBusiness ope
19、rations fully stopped for two or more days due toCOVID-19 control measuresSenior executives or essential foreign talent declined ChinaassignmentsOther, please specifyNo impactMay SurveyApril Survey“Dont underestimate the psychological impact on employees whose confidence is the key to the quality an
20、d efficiency of corporate ongoing operations” Survey RespondentN = 1215Respondents continue to say the current COVID-19 outbreak will negatively impact 2022 revenues, with 58% projecting revenue decreases up 4% from last months surveyWhat is the impact of the recent COVID-19 outbreak in China on you
21、r companys revenue projections for 2022? (Select one) 6%36%58%1%6%38%54%1%No impact/maintain current revenue projectionsToo early to predictDecreased yearly revenue projectionsIncreased yearly revenue projectionsMay SurveyApril SurveyN = 121652% of respondents have either decreased or delayed invest
22、ments, up 6% from the April surveyWhat impact has the recent COVID-19 outbreak in China had on your investment plans? (Select one)N = 121744%26%26%1%5%30%29%17%2%Too early to predict/have not decidedDelayed investmentsDecreased investmentsIncreased investmentsOthers, please specifyMay SurveyApril Su
23、rveyCompanies continue to express concern that ongoing COVID-19 restrictions will negatively impact profits (72%) and lead to a decrease in investments (53%)Just over half (51%) also expect a loss of expatriate staffIf the current COVID-19 restrictions remain in place for the next year, what impact
24、would that have on your company? (Select all that apply)72%53%51%41%29%13%6%5%3%3%73%49%43%41%8%15%4%6%2%7%Reduction in revenue/profitReduction in investmentLoss of expatriate staffReduction in local operationsUnknownMove manufacturing/operations out of Mainland ChinaComplete closure of operationsRe
25、location of regional headquartersNo impactOther, please writeMay SurveyApril SurveyN = 121“There are very few aspects of the economy which seem to be functioning. While COVID-19 restrictions can be managed, what will be increasingly difficult to manage is lack in overall growth of the economy and wh
26、at appear to be growing economic headwinds.” - Survey Respondent8Over half of respondents (55%) say that Chinas COVID-19 management has had a medium-to-severe impact on their ability to attract or retain skilled foreign staffWhat impact has Chinas COVID-19 management had on your ability to attract o
27、r retain skilled foreign staff? (Select one)26%18%24%13%18%19%25%22%19%15%No impactSmall impact: impact on less than 10% of skilled foreigntalentMedium impact: impact on 11% - 30% of skilled foreigntalentLarge impact: impact on more than 30% skilled foreigntalent, including some senior level employe
28、esSevere impact: impact on more than 50% skilledforeign talent and/including a majority of senior levelemployeesMay SurveyApril SurveyN = 1219Over one-fourth of respondents say the current COVID-19 restrictions have resulted in a reduction of over 30% of their foreign staff; 52% report a reduction o
29、f less than 10%*By what percentage has your foreign staff in China been reduced due to COVID-19 restrictions, quarantines, etc., since the start of the pandemic?52%15%6%27% 30%N = 12110note: some respondents report that they do not have expatriate employees37% say foreign talent is significantly les
30、s likely to want to relocate to China and/or seriously reconsidering whether to stay or return home12% say foreign talent is refusing to relocate to China and/or making and acting on plans to permanently exit ChinaTo what degree is the overall Dynamic zero-COVID policy, in particularly the recent lo
31、ckdowns in Shanghai and neighboring cities, impacting your foreign employee workforce (Select one) * N = 121* Newly added question14%25%37%12%12%No impact to foreign talent wanting to relocate to China nor toforeign talent currently residing in ChinaForeign talent is somewhat less likely to want to
32、relocate toChina and/or foreign talent currently residing in China issomewhat reconsidering whether to stay or return homeForeign talent is significantly less likely to want to relocate toChina and/or foreign talent currently residing in China isseriously reconsidering whether to stay or return home
33、Foreign talent is refusing to relocate to China and/or foreigntalent currently residing in China are making and acting on plansto permanently exit ChinaOther, please specify“We have also seen an increase in mental health issues for foreign staff who remain but feel trapped and powerless with continu
34、ally changing restrictions and requirements (such as testing).” - Survey Respondent1156% report ongoing significant supply chain disruptions, despite recent policy measuresThese disruptions are even more pronounced for those with Shanghai operations, of which 60% say the recent policy measures have
35、had no-to-little impact on their business recoveryHow effective have the recently released policy measures designed to stabilize supply chains and unify and ease transportation requirements been in supporting your business recovery? (Select one) * N = 121* Newly added question23%33%20%10%2%8%3%21%39
36、%18%11%2%8%2%0% - No progress; our business is still significantly impacted by thedomestic supply chain disruptions1% - 25% - our business has recovered a little, but most of oursupply chain disruptions remain26% - 50% - our business has recovered to some degree, and wesee some improvements to our s
37、upply chain51% - 75% - over half of our supply chain issues have beenresolved and we see continual improvements75% - 100% - most or all of our supply chain issues has recoveredand we continue to see improvementsNot sureOther, please specifyOverallShanghai“Our goods must be land transported from Shan
38、ghai to other cities. Although the central government ordered that truck drivers with 48-hour negative test results should be allowed on the roads, we find that drivers are still not being allowed into certain destination cities.” - Survey Respondent12Supply chain disruptions remain the top challeng
39、e for those who have recently partially reopened operationsThe operations of 11% of respondents nationwide remain fully closed; That proportion increases to 15% for those with operations in ShanghaiIf your company has recently partially reopened operations, what are your biggest challenges at this s
40、tage? (Select all that apply)* N = 121* Newly added question50%44%42%21%11%3%3%53%48%42%19%15%4%3%Supply chain disruptionsLack of essential staffConfusing and conflicting regulations between the realities ofmanufacturing operations and the city-level COVID-19prevention measurementsNot ApplicableOur
41、company did not reopen at this stageNon-COVID-19 related reasonsOthers, please specifyOverallShanghai“We lost 20% of our employees because they are afraid to came back to work. 20% of the staff that came back were much less enthusiastic about working. We actually implemented one week of basic motiva
42、tion training of the entire staff. ”-Survey Respondent13While 46% of the respondents say they are satisfied with Chinas efforts at contact tracing.What aspects of Chinas management of COVID-19 are you satisfied with? (Select all that apply)46%15%9%7%4%38%22%Effective contact tracingUtilization of lo
43、ckdownsStrict border controlsTransparent and uniform COVID-19 management rulesOther, please specifyNot satisfiedUnsureN = 121“It would be more acceptable if Beijing residents could fly into Beijing and do their quarantine in their home.”- Survey Respondent14.respondents also report high levels of di
44、ssatisfaction on a variety of measures, including quarantine lengths and conditions, in addition to travel challenges and restrictionsWhat aspects of Chinas management of COVID-19 are you not satisfied with? (Select all that apply)N = 12182%77%76%67%65%56%55%44%41%2%2%Quarantine lengthRestrictions o
45、n travel to ChinaLack of flights to ChinaQuarantine conditions, and forced separation between parentand childrenConfusing and conflicting regulations during lockdowns andtestingLack of foreign vaccinesOnerous testing and documentation requirements for thoseentering ChinaExcessive collection and expo
46、sure of personal informationRequirements for international “Green Code”UnsureOther, please specify15Resolution of travel-related challenges among the top recommendations for China to improve its COVID-19 managementWhat recommendations do you have for China to improve its COVID-19 management?(Select
47、all that apply)N = 12180%76%74%74%64%63%60%60%57%55%2%2%Allow more flights into ChinaAllow for home quarantine or other options to substitute*Simplify requirements for travelers coming to China*Allow visitors to select quarantine site, etc.Allow foreign vaccines into ChinaImprove communication to bu
48、siness and foreign community onquarantine and lockdown provisionsImprove quarantine conditions i.e., cleaner rooms, improved foodoptions, access to outdoorsClear messages to businesses on COVID requirements and restrictionsProvide clear rules and sole contact to reset the international “Green Code”
49、Lift travel restrictions to visit ChinaNo recommendationsOther, please specify*Simplify requirements for travelers coming to China i.e. decrease required tests, resume normal visa applications and approvals, reduce length of quarantine or have no quarantine for those vaccinated with WHO-approved vac
50、cines.*Allow visitors to select quarantine site, allow family members to select to stay together for quarantine, guarantee children wont be separated from parents16Across all sectors, HR challenges and supply chain instabilities are the top concernHow has the recent COVID-19 outbreak in China impact
