Lates News

Morgan Stanley Chief Economist for China, Xing Ziqiang, stated at the 2025 Phoenix Bay Area Financial Forum that reforming social security planning can promote a unified national market, boost consumption, help break the current low price cycle trap, improve company profitability, enhance people's job and income prospects, significantly improve returns on RMB assets, and lay a solid foundation for the internationalization of the RMB currency. It is essential to make digital payment infrastructure and other technological means truly effective.