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China 2023 H1 Economy Empowering China's Growth through Consumption

30:00

China consumption data for the first half of 2023 revealed an 8.2% year-on-year growth in total retail sales of consumer goods. How did consumption - the country's growth powerhouse, perform in the first half of 2023?  How can China leverage its rising prosperity to fuel future consumption growth?

CGTN invited experts to shed light on the driving forces behind China's consumption. Michael Powers, Zurich Insurance Group chair professor at the School of Economics and Management, Tsinghua University; Wayne Shiong, partner at China Growth Capital; and Bruno Lannes, senior partner at Bain & Company, joined us live to uncover the driving forces behind China's consumption. #Econtalk

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