Xing Ziqiang: From investing in goods to investing in people, continuously leveraging the consumer market.
Recently, Xing Ziqiang, Chief Economist of Morgan Stanley China, pointed out in an interview with reporters that the future of the Chinese economy lies in achieving a "dual rush" of "innovative, starry and vast seas" and "improving people's livelihoods with basic necessities." He emphasized that this not only requires leveraging China's existing advantages in the industrial chain, engineer dividend, and super-large scale market, but also relies on driving a profound reconfiguration of financial resources - shifting from a focus on "investment in things" to more "investment in people."
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