Report Launch: VDMA China – Business Climate Survey Autumn 2022

VDMA China is currently conducting its Autumn 2022 Business Climate Survey. The deadline for feedback is October 26. The results will be presented to you in the Web-Meeting on November 08 before sending out to all participants.

This year seems to be very challenging for any business operation. Chinas economic development is slowing down, it is foreseeable that the growth rate will be much less than the targeted 5.5% set at the beginning of the year. Continued lockdowns, electricity shortages in part of the country, supply shortages and price increases are taking its tolls. It will be interesting to see how the mechanical engineering industry in China is currently evaluating the situation and what their expectations is for the next three to six months.