Despite persistent challenges, such as low domestic demand and household consumption, China's economy has been buoyed by strong exports and private sector activity, hitting its 5% growth rate target in 2024 and aiming for similar levels of growth this year.

To what extent can a shift to a technology-led model yield new growth as global volatility threatens exports?

This is the full audio from a session at the AMNC25 in Tianjin, China on 26 June, 2025.

Watch it here: https://www.weforum.org/meetings/annual-meeting-of-the-new-champions-2025/sessions/chinas-economy-analysed/

Catch up on all the action from AMNC25 at wef.ch/amnc25 and across social media using the hashtag #AMNC25.

This session was developed in collaboration with China Global Television Network (CGTN).

Speakers:

Joseph Luc Ngai, Chairman, Greater China, McKinsey & Company

Ilham Kadri, Chief Executive Officer of the Executive Committee, Syensqo

Zhu Min, Member of the Senior Expert Advisory Committee, China Center for International Economic Exchanges (CCIEE) Tian Wei, Host, World Insight with Tian Wei, China Global Television Network (CGTN) Eswar Prasad, Professor, Cornell University Jin Keyu, Professor, School of Business and Management, Hong Kong University of Science and Technology

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