Video: Steps to building a consumer society in China

People's Daily Online Business Video Podcast
The hidden potential of the 1.3 billion Chinese consumers, once unleashed, will make China the world's largest consumer market and the top export destination for other major economies. For its own sake, China also needs a successful transition to a consumer economy to rebalance its economic structure and put the economy on a healthier and more sustainable footing.

The question here is how to successfully implement the much-anticipated transition. What steps are needed to build a modern consumer society in China?

Want to know the answers? Put on your headphone and concentrate.

Producer: Li Zhenyu

This video is for non-commercial use only. The content is based on an exclusive interview with former chairman of Morgan Stanley Asia and Morgan Stanley chief economist Stephen Roach.

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