Dennis Chang, division president of China, MasterCard |
We remain optimistic about the Chinese market and its growth will remain strong as long as it continues to open up and internationalize. While the central government highlighted overall downward pressure on the economy, it correctly identifies openness and a shift to consumption as key drivers of China's sustained growth and modernization. MasterCard can play a fundamental role in that shift toward consumption and prosperity by supporting businesses and consumers to complete the transactions that make them both better off.