正文
Recently, the sharing session
"
China in Asia's context – conversations with Xu Sitao, Chief Economist of Deloitte China"
was successfully convened by Deloitte Malaysia Chinese Services Group in Kuala Lumpur, during which Xu Sitao, the Chief Economist of Deloitte China spoke on the underlying trends of the Chinese economy and the new open-door policy of "Belt and Road Initiative", followed by the panel discussion with over 80 guests, including Prof. Fan Zhiquan from Xiamen University Malaysia Campus, undergraduates from Peking University and Tsinghua University, as well as business representatives of Chinese companies.
Mr. Xu Sitao sharing insights with over 80 attendees during panel discussion
In his speech titled "the changing Chinese economy and its global impact",
Prof. Xu
has argued that
despite an economic slowdown, China still has under-rated resilience thanks to the secular trend of consumption upgrade. Indeed, booming consumption and potential private investment will underpin China’s economic growth as China stays the course of reform and open-door policies.