Speakers
Chris Wang
Plenary Session (Day 3)
Founding Partner
Hosen Capital

Mr. Wang is the Co-founding Partner of Hosen Capital, a China focused consumer private equity firm since 2010. Hosen’s investment strategy is anchored on two areas: Food Space and Mid-Market Buyouts. Through Hosen Club, it connects industry leaders, facilitate industry cooperation and support strategic developments.

Previously,he served as the Vice President of China Youth Entrepreneurs Association (“CYEA”).

Mr. Wang holds a master’s degree in Economics from Peking University.


Event Introduction
Plenary Session (Day 3)
 · 06/27 (Day 3)
Conference Hall
Link to agenda
Plenary Session (Day 3)
 · 06/27 (Day 3)
Conference Hall
Global Insights
08:50
[Panel Discussion] Chinese Consumer Market Insights: Predictable Growth amid Evolution

The total retail sales stood at RMB 34.2 trillion from Q1 to Q3 2023, up by 6.8%. Resilience, recovery, and hope are on the way. However, we must not ignore the fact that only 50% of consumers are pleased with their financial status. The confidence of consumers in different income bands, according to a report by BCG, could further diverge. Affluent consumers are more willing to spend, while the middle class, as the mainstream spenders, is stressed. Against this backdrop, product-ism and cost performance are making a comeback. We are going to discuss:

—What signals are indicated by the macro economy as to consumption trends in the future?

—What are the characteristics of categories for which consumers show a stronger willingness of purchase?

—What more is expected by consumers of brands and products?

Link to agenda