At the Bund Summit 2025 in Shanghai, Benjamin Hung, president of International at Standard Chartered Bank, offered a fresh take on global markets. “Few markets globally are both consumption and manufacturing powerhouses like China,” Hung told CGTN host Michael Wang.
His remarks highlight how the Chinese mainland has evolved into a dynamic hub where factories and consumers power each other in a virtuous cycle. This dual strength has underpinned the country’s role in everything from household goods to high-end electronics.
Hung pointed to rapid advances in high-tech, innovation and AI, noting that local firms are not just manufacturing products—they’re designing the next generation of systems and solutions. These capabilities are reshaping supply chains and creating new opportunities for entrepreneurs, investors and tech enthusiasts worldwide.
For young global citizens and business leaders, the message is clear: tapping into the Chinese mainland’s integrated market can unlock access to vast resources, cutting-edge research and a consumer base hungry for innovation. As tech ecosystems evolve, collaboration across borders will be key to driving sustainable growth and addressing global challenges.
From digital nomads exploring new markets to startups seeking partnerships, the Chinese mainland’s model offers a blueprint for how manufacturing muscle and consumer demand can drive real-world impact. As the world watches, the journey of innovation continues—and the possibilities are limitless.
Reference(s):
Standard Chartered: China has both manufacturing & consumption
cgtn.com
