KPMG International’s 2016 Global Manufacturing Outlook | KPMG | CN

KPMG International’s 2016 Global Manufacturing Outlook – Competing for growth

KPMG International’s 2016 Global Manufacturing Outlook

This report is based on a survey of 360 senior executives conducted in early 2016 by Forbes Insights. Respondents, who represented six industry sectors (Aerospace & Defense, Automotive, Conglomerates, Medical Devices, Engineering, Industrial Products, and Metals), were fairly evenly distributed between Americas, Europe and Asia.

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Highlights

  • 95 percent of China’s executives indicated growth as a high or extremely high priority in the next two years
  • Over 60 percent of global and China respondents prefer organic growth to achieve their expansion objectives
  • 94 percent of China’s executives plan to enter new geographic markets in the next 24 months; 89 percent said they intend to enter new sectors
  • Seven-in-ten of China’s executives surveyed said they feel confident/very confident about the growth prospects of their company, industry or country over the next 12-24 months, compared to around 60 percent globally
  • 62 percent of China’s executives plan to spend over 6 percent of revenue on R&D over the next two years, of which 31 percent plan to spend at least 10 percent

© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

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