As global markets buzz ahead of Beijing's 2024 Financial Street Forum, ANZ Group's chief economist Richard Yetsenga doubled down on China's economic resilience, forecasting a 4.9% growth rate for 2024. 🚀 In an exclusive chat with CGTN, Yetsenga highlighted China's evolving capital markets and tech-driven reforms as key growth engines.
💡 \"China’s economic story isn’t slowing down—it’s transforming,\" he said, pointing to sectors like green energy and advanced manufacturing. With over 600 million middle-income consumers, the country’s domestic demand remains a \"global game-changer,\" according to Yetsenga.
🌱 Investors, take note: ANZ’s analysis suggests China’s financial reforms—including easier market access for overseas players—could unlock trillions in untapped potential. The upcoming forum is expected to spotlight collaborations between the Chinese mainland and international partners, from sustainable infrastructure to AI innovation.
For young professionals and entrepreneurs, Yetsenga’s message is clear: \"China’s economic playbook is rewriting the rules—and the world is watching.\"
