A new report by the partners of McKinsey’s Greater China region looks at how COVID-19 is accelerating five trends that are shaping the Chinese economy and society.
2020: A new year, a new decade, so what lies ahead? In this episode of the McKinsey on China podcast, Nick Leung chats with Gordon Orr and Jonathan Woetzel about what’s driving the economy—and what’s not. The Chinese consumer continues to power
China has the most Internet users of any country. And, it’s the world’s largest and fastest-growing e-commerce market. But as penetration rises in high-tier cities like Beijing and Shanghai, it’s getting harder for companies to find new growth
Chinese consumers remain surprisingly confident, and are spending more on products and services that are aimed at enhancing the quality of their lives.