CEOs of companies headquartered in mainland China and Hong Kong are optimistic about the growth outlook of the global economy and their companies, and are actively investing in innovative technologies and pursuing M&A to achieve their growth objectives, finds a new KPMG survey.
The report, titled Collaborating and innovating for growth – 2018 China CEO Survey, features China findings from a global KPMG survey of 1,300 CEOs worldwide – including 125 from mainland China and Hong Kong – across a wide range of industries.
The survey finds that three-quarters of China CEOs are confident about the growth prospects of the global economy, a marked increase compared to 54 percent in 2017.
Meanwhile, confidence in the growth outlook for their companies remains unchanged – at a high level of 90 percent – from 2017. This can be seen with 84 percent of China respondents expecting an overall increase in their organisation’s headcount over the next three years, and with 44 percent expecting an increase of more than five percent.
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