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CIW / Economics / 70% Chinese enterprises believe China will see V-shaped recovery

70% Chinese enterprises believe China will see V-shaped recovery

March 17, 2021 By CIW Team

More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American executives and 45 percent of European executives say the market will be less competitive than China after the outbreak.

In recent research by Accenture, more than 4000 executives around the world shared their views on market recovery, digital transformation, technology application, organizational change and other aspects.

Globally, executives expect a U or V-shaped recovery in most markets. Thanks to epidemic prevention and control and economic stability, Chinese enterprises have the most optimistic expectations and the most confidence in achieving the growth goals.

But at the same time, global executives are still worried that a K-shaped recovery could occur around the world, which will hinder inclusive growth.

There is no doubt that companies are taking a number of measures...

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Filed Under: Economics Tagged With: artificial intelligence, ciw premium, cloud computing, investment

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