财新国际圆桌 · 圣彼得堡丨第23届圣彼得堡国际经济论坛分论坛 - 中国消费市场：趋势与策略

Caixin Media TV Debate at

St. Petersburg International Economic Forum (SPIEF) 2019

17:00 - 18:15   Identifying Effective Strategies for the Chinese Consumer Market

While consumption continues to grow into an important driver of China’s overall economic story, in the long term, consumption with Chinese characteristics will be shaped by a booming middle class, an aging population, and a new generation of consumers with unique tastes. Technology and digital innovation, residential and health care expenditures, and changes in disposable income also have an impact. From an international perspective, the cooperation between the Eurasian Economic Union (EAEU) and Belt and Road Initiative (BRI), coupled with the rise of China-Europe Railways, will facilitate cross-border trade and make Eurasian economies an important part of China’s consumption story. As the economy slows, is China going through a ‘consumption downgrade’? How might technology reshape business models to reach Chinese consumers and what should businesses do to address the next wave of consumer-spending growth in China? How can synergies between the EAEU and the BRI generate benefit to consumers across the Eurasian economies?

Moderator:

• Zengxin Li, Global News Editor, Editorial Member, Caixin Media

Panelists:

• Timur Maksimov, Deputy Minister of Economic Development of the Russian Federation

• Raymund Chao, Chairman for Asia Pacific and Greater China, PwC

• Dmitriy Krasyukov, Chief Operating Officer, SAP CIS

• Zhou Liqun, President, Union of Chinese Entrepreneurs Elus

• Yang Xiaojun, President, 9F Group

• Dmitry Morozov, General Director, BIOCAD

• Maxim Volkov, Partner, Deputy Chief Executive Officer for Investments, Russia-China Investment Fund for Regional Development