China's Super Consumers 2.0: Changing China—Changing the World
China’s $10 trillion economy is still growing at 7 percent annually, powered in part by China’s "Super Consumers"—the people who are buying new homes, 18 million new cars a year, and who are drinking more wine and beer than anyone else. They are starting to spend more on services and are becoming a major driver of economic growth in China and around the world. By 2022, more than 50 percent of Chinese urban households will be middle class (400 million people). China already boasts 640 million Internet users and 1.2 billion active mobile handsets.
China is also home to some of the world’s largest, most successful, and innovative Internet-based companies such as Alibaba, Tencent, and Xiaomi who are shaping how the world communicates, shops, and does business.
Savio Chan and Michael Zakkour, two veteran China business leaders, consultants, culture experts, and thought leaders have authored a new book, China’s Super Consumers, that details this transformation and the business mega-trends that made it possible. In this interactive presentation, Chan and Zakkour will offer an in-depth explanation of what Globalization 2.0 is, what China’s and Alibaba’s role in this new world is, and how Chinese consumers and companies are changing China and changing the world.
The first 30 attendees to register will receive a complimentary copy of China’s Super Consumers.
6:00 pm Reception
7:00 pm Program
About Savio S. Chan
Savio S. Chan is a pre-eminent expert on US-China partnerships and building loyalty with Chinese luxury consumers. He serves as CEO of US China Partners Inc., a consulting and advisory firm that helps organization designs and implements their China consumers’ strategies. He spent two decades as a consultant on market entry, cross-border M&A and joint ventures partnership innovation with some of the largest and well-known global luxury and consumer brands, Fortune 500 and Chinese large State-Own and private companies. He is a member of National Committee on US-China Relations and a frequent Keynote speaker.
About Michael A. Zakkour
Michael A. Zakkour is a principal at the global consulting firm Tompkins International, where he leads the “China/Asia Pacific” practice. He is a contributing writer at FORBES. He has more than eighteen years’ experience in international market strategy and implementation, primarily in China and Asia where he has assisted more than 300 multinational, public and private enterprises on their entry and growth strategies and implementation including some of the biggest names in retail, entertainment, consumer products, technology, fashion and luxury.
Lead support for Business & Policy programs provided by United Airlines, The Official Airline of Asia Society Texas Center, and through generous support by Friends of Business & Policy.