Weekly Newsletter: March 16, 2018

March 24, 2018

This Week’s Highlights

Speaker: Mr. Kevin Kang, Chief Economist of KPMG China
Topic: China’s Economy


Dr. Kevin Kang is the Chief Economist of KPMG China. He is an expert on China’s economic development, government policies, business strategy, industry competition, and cross-border investment and M&As.

China’s economic growth remained solid in 2017, with GDP growing by 6.8% in Q4 and 6.9% for the whole year. The growth rate was 0.2 percentage points higher than in 2016, marking the first pick-up in growth since 2010. Accelerating service sector growth and greater demand for exports were the main drivers of the pick-up in growth. Looking ahead, continuous improvement of consumption, the recovery of manufacturing investment and greater demand for exports are expected to drive China’s economic growth in 2018.

At the same time, the economy is also facing considerable downside pressures. Infrastructure and real estate investment growth is expected to slow in 2018, and the continued strengthening of financial regulation indicates that the credit market will remain relatively tight. The long term trend of the Chinese economy was also discussed.

       

*Left: PE Martin thanking the speaker Dr. Kang.
*Right: PE Martin handing the induction certificate to Rtn Till.

 

New Member Induction
Rotarian Till Martin was sponsored by PP. Daniel Albrecht to become a new member of the Rotary Club of Beijing. A big welcome to Rotarian Till.

Next Week’s Speaker
Ms. Xiaojie Qin is the Founder and Executive Director of CandleX. She will be our speaker on March 20 and inform us about her activities, about World Bipolar Disorder Day (March 30), and about how CandleX helps people by following their slogan: “Only through talking about it can we take the first step towards healing.”

To download photos from this week’s lunch please (click).

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Rotary Club of Beijing


Regular Meetings
Tuesday 12.30~14.00
Kempinski Hotel
Celine Lin
Club Administrator
+86 159 0121 4070
admin@rotaryclub-beijing.org

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