Fascinating Insight With Real Impact
Every year, as autumn arrives, we survey our members about their thoughts on the current business environment and what the future has in store. And every year, the results of this Business Prospects Survey make fascinating reading, offering an unrivalled snapshot of the current mindset of the local business community.
We often refer to the Chamber as the “voice of business in Hong Kong,” and the Business Prospects Survey really does demonstrate this in action.
From our survey, we learn what companies are planning in terms of expansion and manpower, the main challenges that they are facing, and their general perceptions about Hong Kong’s economic outlook and the business environment for the near future.
We also want to hear what our members think about the city’s competitiveness, Government policies, the impact of major initiatives like the Greater Bay Area and the Belt and Road, and if the trade tensions between the United States and Mainland China have affected their businesses.
All of these insights do not just make interesting reading. The responses from our members are also extremely helpful when it comes to guiding the Chamber’s lobbying plans.
The survey gives us general guidance about the key concerns of our members and the issues they put as a high priority – including quality-of-life issues like air pollution or access to international schools. It also lets us see, for instance, how Hong Kong businesses are weighing different factors that are taken into consideration when deciding whether to increase or decrease investment. Such information provides a useful basis for us to set our research and policy advocacy priorities.
The Chamber has a duty to reflect faithfully business concerns to the government, and our Business Prospects Survey gives a clear picture of the areas where we should be focusing our efforts.
Members should have received a copy of the survey, or you can see it at this link. Once all the results are in, we will analyse the findings, the results of which will be published later in the year. This key survey helps us create a better Hong Kong for the whole community.
Posted on 2018/09/26