McKinsey Exec: Healthy recoveries seen in China's consumer sector

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CGTN Anchor Guan Xin sat down with Daniel Zipser, senior partner of McKinsey & Company, and leader of McKinsey's consumer and retail work in Asia. He shared his key takeaways from the Annual Meeting of the New Champions in Tianjin, and major trends in consumer market. He says digitalization is not new but companies must link online and offline experiences. He is cautiously optimistic about China's consumption recovery in 2023.