中国经济观察：企业高管对商业前景、反内卷与供应链转移的看法-China Economic Perspectives_ C-Suite take on business outlook, anti-involution and supply chain shift

Some 52% of manufacturing exporters plan to move or are considering moving some production overseas, down from June 2025 (63%) and the peak level in 2024 (71%). Trade tension de-escalation may have been at play. In addition, the softer intention to move out may also reflect the notable progress in China's supply chain shifts over the past few years, as more than 60% of respondents already have an average 40-50% of production overseas. Mainland China's current weighted average additional US tariff rates are ...