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EU Confidence In China Market Still On Downward Trend

Medtech Uncertainties Abound Says Chamber of Commerce-Roland Berger Survey

 
• By Brian Yang

The anticipated business rebound for China after its post-COVID reopening of markets in 2023 has not materialized and structural market issues continue to affect EU firms' China sentiment.

Securing medical device approvals from China’s National Medical Products Administration for new products or changes to existing products often takes longer than planned, leading to delays in product launches that can hinder business operations and add significant costs.

That is one finding in the EU Chamber of Commerce in China's 2024 business confidencesurvey, released in May

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