China Innovation:Consumption upgrade in full swing in China

1,402 views · Published 30 November 2018 · 6:26 · Indexed 12 October 2026

Channel: CGTN · 2018 · News & Politics

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Chinese consumers and the upgrade of their consumption demands represent great potential for China's development and a new engine to drive the country's economy, the world's second largest. While consumption upgrade has brought plenty of surprises and reshaped different industries in many ways, consumers are not only looking for upgrade in quality but also efficiency, and that brings golden opportunities for many startups as well as investors.

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