1、0Stewarding business reinvention for high-quality growth27th Annual Global CEO Survey China R PwCs Annual Global CEO Survey,now in its 27th edition,offers valuable insights into the current macroeconomic trends through the lens of thousands of CEOs across the globe.This years survey,the largest to d
2、ate,encompasses the insights of:4,702 CEOs,including 215 from Chinese mainland and Hong Kong SAR.Against the backdrop of Chinas ongoing recovery from the past three years and the countrys green transition to meet its climate pledges,the China report explores how CEOs are recognising the pressing nee
3、d for business reinvention and starting to embrace innovative solutions,such as generative AI,to transform their business models in the face of profound changes in the market.This coincides with Chinas ongoing commitment to modernising its industrial system and developing new quality productive forc
4、es,as outlined in the latest Government Work Report.This report examines how the evolving business environment is shaping the decisions of Chinese CEOs.Despite a degree of uncertainty regarding Chinas economic growth,economic indicators in the first two months of 2024 pointed to continued recovery i
5、n exports,retail,and industrial outputs,as the government proactively rolls out new economic policies aimed at buoying market confidence and attracting foreign investments.We also see the continued importance of US,Germany and Japan as major growth markets for Chinese companies,as well as a growing
6、interest in regional economies.This opens new expansion avenues for Chinese firms seeking to invest abroad and present attractive diversification options for those already operating internationally.The theme of reinvention resonates strongly in this years global report and Chinese companies are no e