China's consumer inflation has hit a three-year high in Feburary, reflecting recovering domestic demand and shifting consumption patterns as policymakers focus on economic restructuring. Daniel Yao, Head of Research at JLL China, joined CGTN's Global Business to discuss the latest inflation data, the emergence of new consumption scenarios, and the role of fiscal-financial coordination in stimulating domestic demand. He also shared his views on sustaining China's growth model over the long term.