Opportunities for Foreign Investors in China’s Service Industries After COVID-19

Having suffered through the worst of the COVID-19 outbreak in the initial months of the year, China now offers the world a way to move forward. Key lessons for enterprises in China include the digitization of all contact-facing operations to the utmost extent possible, refitting core company assets, redirecting resources to adapt to new market changes, and either expanding the scope of business through technology solutions or withdrawing to core operation strengths. In this edition of China Briefing Magazine, we focus on how key industries in the services sector have entered into a new normal in 2020. We also provide an overview of new opportunities available for foreign investors as a result of the disruption. Finally, we spotlight two major industries impacted by COVID-19 in China, healthcare and food and beverages.