As China strengthens its economic recovery efforts through targeted policies, CITIC Capital Chairman Zhang Yichen has identified consumer-driven sectors and financial reforms as pivotal catalysts for sustainable growth. During this year's 'two sessions,' Zhang, also a member of the CPPCC National Committee, emphasized the need to align investment strategies with China's expanding middle-class demands.
Consumer Spending as Growth Engine
Zhang highlighted food & beverage and financial services as key industries to unlock consumption potential, citing urbanization and rising disposable incomes. 'Strategic investment in supply chain modernization can bridge gaps between consumer preferences and market offerings,' he told CGTN.
Financial Reforms to Unlock Potential
The CITIC Capital chief advocated for streamlined regulations to improve capital allocation while maintaining systemic stability. His recommendations align with broader efforts to enhance cross-sector collaboration between fintech firms and traditional institutions.
Strategic Investments for Sustainable Growth
With the Chinese mainland prioritizing high-quality development, Zhang emphasized long-term bets in green technologies and smart manufacturing. 'Investors must balance immediate returns with fundamental value creation aligned with national priorities,' he noted.
