The Chinese mainland’s economy flexed its muscle in the first half of the year, thanks to a powerful combo of booming exports and consumer-friendly policies. That’s the takeaway from UBS Investment Bank Senior China Economist Zhang Ning, who sat down with CGTN to break down the numbers.
Exports have been on a tear, riding global demand for electronics, machinery and green technologies. At the same time, targeted retail-boosting measures—from tax cuts to digital shopping festivals—have kept domestic consumption humming. Together, these twin engines helped the economy stay on track even amid global headwinds.
Looking ahead, Zhang Ning expects another round of policy support in the second half, aiming to sustain the growth momentum. Whether it’s fresh infrastructure projects, credit incentives or strategic sector bailouts, the Chinese mainland’s policymakers seem ready to do what it takes to keep the recovery rolling.
For young global citizens, entrepreneurs and travelers eyeing opportunities from Shanghai to Shenzhen, the message is clear: the Chinese mainland remains a pivotal player in global trade and consumption. As the world watches, the second half of the year could bring new openings in tech, exports and sustainable travel.
Reference(s):
cgtn.com
