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Greater China

China consumer report 2020: The many faces of the Chinese consumer

Five trends emerged in the latest research from our Chinese Consumer Survey, offering insight into what over 5,000 consumers in the region think about spending, brands, health, and more.

Life insurance in China: Four priorities to transform the agency channel

– Chinese insurers can take four strategic actions to boost agency productivity and professionalize their core distribution channel.
Article - McKinsey Quarterly

The Chinese luxury consumer

– If you’re in luxury goods and services, China is the story.

China’s $70 billion opportunity: An interview with Cheng Hye Cheah, co-chairman of Value Partners

– This asset-management company is leading the way in China.

Auchan China’s chairman on the future of grocery

– Ludovic Holinier, executive chairman of Auchan Retail China, reflects on his two-year stint as CEO of China’s largest hypermarket... chain and shares his views on what lies ahead for food retailers.

A winning strategy for the pension market in China

– A new report outlines the commercial reforms needed by China’s three-pillar pension system to meet the needs of an aging... population.

Digital transformation in China’s dairy market: An interview with Fonterra’s president for Greater China, Christina Zhu

– The executive shares her experience with leading a digital transformation in China.
Report - McKinsey Global Institute

China and the world: Inside the dynamics of a changing relationship

– The relationship between China and the rest of the world is changing, and a great deal of value could be at stake depending on... whether there is more or less engagement. Businesses will need to adjust to the uncertainty ahead.

How should steelmakers adapt at the dawn of the EAF mini-mill era in China?

– Three areas deserve executives’ attention to capture the benefits from China’s EAF transition.

Biopharma in China: Insights into a market at a crossroads

– Biopharma in China is poised for change that will transform commercial and operating models, and require a step change in capabilities.

The state of the Chinese economy

– As China’s GDP growth slows, what opportunities can companies in the country look to?

China Brief: The state of the economy

– Welcome to the first edition of China Brief. In this series, linked to our monthly podcast, McKinsey... on China, our China-based partners share the latest insights from this dynamic market.
Blog Post

The potential impact from manufacturing’s lighthouses in China

– China accounts for 5 of the 16 Industry 4.0 “lighthouse” manufacturing sites that the World Economic Forum (in collaboration... with McKinsey) has identified as world leaders in successfully implementing Industry 4.0 at scale.

How young Chinese consumers are reshaping global luxury

– Global brands face new opportunities as luxury represents a powerful form of social capital for young Chinese consumers.

China’s chemical industry: New strategies for a new era

– China looks set to remain the fastest-growing major chemical market, but important changes are under way. To succeed in this next... stage of development, players will need to embrace a new set of strategies.
Interview - McKinsey Quarterly

New carmaker on the block: Byton’s CEO on China’s car of the future

– Carsten Breitfeld, an industry veteran turned disruptor, explains how his Chinese-conceived, globally oriented start-up is tuned... for the emerging mobility transformation. 
Blog Post

China’s changing eating habits weigh on country’s future

– Sustainably-focused circular economy policies would help link China’s economic success to growing a healthy society.

How China will help fuel the revolution in autonomous vehicles

– If the driverless-car phenomenon takes off in China, the payoff could be in the trillions of dollars.



Navigating Asia’s booming art market: An interview with Rebecca Wei, chairman of Christie’s Asia

– This 253-year-old auction house is betting on China as a source of growth.

How a cosmetics giant reaches Chinese consumers: An interview with Shiseido CEO Masahiko Uotani

– China has become a critical growth engine for this global cosmetics powerhouse.

Catering to China’s diverse appetites: An interview with Kang Shi Fu CEO James Wei

– The company has maintained a competitive edge by catering to the diverse and hyperlocal tastes of Chinese consumers.

How China’s largest online travel agency connects the world: An interview with Ctrip CEO Jane Sun

– High-spending Chinese travelers are an important consumer segment, and few companies are positioned to understand them better... than Ctrip.

How China’s fintechs serve the underserved: An interview with CreditEase CEO Ning Tang

– Fintechs that succeed in the Chinese market know how to use technology to adapt to local conditions, improve efficiency, and service... small businesses. Here’s how it’s done.

Perspectives on the future of Asia

Three long-term trends changing business in China

Joe Ngai, managing partner of the McKinsey Greater China office, discusses how automation will change the face of the Chinese economy—and why this needs to happen given an aging population. The democratization of people’s jobs will be an important trend for Chinese businesses to manage.

Asia’s opportunity for growth in banking

Jacob Dahl, leader of McKinsey’s Financial Services Practice in Asia, speaks about a sector in the midst of a great transition, as it faces geopolitical challenges, tech disruptors, and increasing regulatory scrutiny. Still, Asia is the world center for banking growth, with consumer finance at the forefront.

The ecosystem effect on financial services in China

Violet Chung, a partner in McKinsey’s Hong Kong office, discusses the questions CEOs should be asking themselves: how to acquire and retain customers and how to obtain and use data from the ecosystems that they build. She also addresses how digital disruptors have redefined how customers interact with platforms.

How to win in Asian real estate

Bess Teng, managing partner of McKinsey’s Shenzhen office, discusses how digital attackers will shape business. This is not a zero-sum game, she says, but a collaboration. She explains how digital technology will optimize the end-to-end process of the real estate market. The current fragmented state of the real estate industry has no clear winner—but lots of opportunity.

Asian cities as hubs of innovation

Jonathan Woetzel, director of the McKinsey Global Institute and senior partner in McKinsey’s Shanghai office, discusses the forces reshaping Asian cities and their place as hubs of innovation.

Manufacturing and trade in Asia

Karel Eloot, coleader of McKinsey’s Operations Practice in Asia, discusses how Asian economies are building more domestic supply chains, as trade gradually shifts between Asian countries. He also examines how executives in Asia should align their manufacturing footprints with evolving trade flows.