China's economy is expected to drive global economic growth in 2023. The country is projected to log a 5% growth rate this year, driven by increased activity and consumer spending. As COVID-19 restrictions are lifted in China, many key industries are poised to experience high growth in 2023.
The automotive industry in China will see higher productivity, especially as production for new-energy vehicles (NEVs) ramps up. The tourism and entertainment industry will also experience higher activity as the country continues to relax restrictions.
China's e-commerce market, the largest in the world, is anticipated to log higher growth this year, with the livestreaming market expected to drive revenue. These high-growth industries present opportunities for local and international companies to expand in China and achieve sustained success.
Market Research China provides growth strategy and advisory services to local enterprises, conglomerates, and multinational companies in China. We cover areas such as management consulting, operations support, market entry, and M&A.
We are dedicated to helping our clients expand and transform their businesses in the largest economy in Asia.
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Mergers and Acquisitions
Improve your chances of business growth and financial success by determining the viability of M&A.Learn more
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"Thanks to your work, we have been able to move smoothly forward in the ASEAN region. Your know-how has greatly helped DuPont in making its strategic choices."
Global Emerging Region & Global Channel Manager
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