Dear AmCham Member Enclosed is your complimentary copy of

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Dear AmCham Member Enclosed is your complimentary copy of Powered By Docstoc
					Dear AmCham Member:

Enclosed is your complimentary copy of American Corporate Experience in a Changing
China: Insights from AmCham Business Climate Surveys, 1999 – 2005. This report
was produced based on annual Business Climate Surveys taken of member companies
from the AmCham Shanghai and American China (Beijing). We thank you for your
support in taking the survey and hope you find the resulting report insightful and useful.

American Corporate Experience in a Changing China offers a detailed look into key trends
that are transforming the business environment for U.S. companies in China. Inside, you
will find data illustrating the following developments:

       Shifting business strategy to China: In 2005, 83 percent of responding U.S.
       companies, versus 60 percent in 1999, listed producing goods and services in
       China for the local market as among their top three reasons for entering China.
       More WFOEs, fewer JVs: Since 1999, 78 percent of respondents operated a joint
       venture in China; last year, only 60 percent did.
       Competition rising: Last year, 70 percent of respondents reported increased
       competition from foreign and local firms, while 56 percent indicated price pressure
       from major customers.
       New HR concerns: More than half of polled companies listed lack of management
       level human resources as a top-three issue.
       Moving to the 2nd tier: More than 60% of companies polled plan to expand into
       secondary cities.
       Deepening investment: 79 percent of those polled indicated that China is a top FDI
       destination for their corporation.
       IPR woes: 44 percent of survey takers said lack of IPR protection is slowing their
       R&D investment into China.

And more! For more information on this report, please contact me at AmCham Shanghai.
For additional copies of the report, see order form on the backside of this letter. Enjoy!



                                      Best regards,




                                      Laurie Underwood
                                      Communications & Publications Director
                                      American Chamber of Commerce in Shanghai
                                ORDER ADDITIONAL COPIES of

American Corporate Experience in a Changing China:
Insights from AmCham Business Climate Surveys, 1999-2005.

All Chamber members will receive one free copy. Additional copies are available by order (RMB100 for
members, RMB150 for non-members). To order additional copies, please complete and fax this form to
6279-7643 (Attn: Wally Yu).

                     American Corporate Experience in a Changing China Order Form

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