Name: Fast-food chain CEO: China's consumer power still strong
Uploaded: 2026-03-11T09:32:47+08:00
Duration: 1 min 55 s
Description: Is China's consumer power stronger than meets the eye? There are many reasons to remain confident in China's consumption growth, says Zhang Yichen, a Chinese People's Political Consultative Conference member and CEO of CITIC Capital, who's also the chair

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Is China's consumer power stronger than meets the eye? There are many reasons to remain confident in China's consumption growth, says Zhang Yichen, a Chinese People's Political Consultative Conference member and CEO of CITIC Capital, who's also the chair of the master franchise of McDonald's China. He tells CGTN's Tian Wei that 3.5 million new restaurants opened in China last year, including some 1,000 new McDonald's outlets opening every year. He adds that the challenge now is encouraging people to return to offline dining and shopping toward sustained consumption. Take a listen.

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