China’s leadership has called for the construction of ‘first-class’ investment institutions, but those in leading firms aren’t sure what meeting that goal will entail, or how to overcome the many barriers to achieving it.
China continues to experience a gradual resurgence in consumer market activity as it has shifted away from stringent COVID-19 controls, experts at a Chinese think tank said, underscoring the importance of broadening access to credit and boosting willingness to spend to prop up consumption in the short term.