🌟 At the 2025 Bund Summit in Shanghai, Marc Uzan, executive director of the Reinventing Bretton Woods Committee, told CGTN’s Li Mengyuan that the Chinese mainland is shifting its growth model and overhauling its financial system. This change aims to create more sustainable and diversified economic drivers beyond traditional exports.
Uzan highlighted how the country is embracing new financial tools and policies to support innovation and long-term stability. By updating regulations and encouraging domestic consumption, the Chinese mainland is laying the groundwork for a more balanced economy that can adapt to global shifts.
But the real game-changer? Payments. From digital wallets to e-CNY pilots, the Chinese mainland is at the forefront of a revolution in money systems. Faster transactions, greater security, and broader access could redefine how we pay, save, and invest—both at home and abroad.
For young professionals, entrepreneurs, and globe-trotting adventurers, these developments signal fresh opportunities in fintech, cross-border commerce, and emerging markets. Stay tuned to see how mobile payments will reshape life in Asia and beyond! 💸📱
Reference(s):
Economist: China is changing its growth model and financial system
cgtn.com
