China is leading the world's economic growth in 2012 albeit slowdown in its economy. Despite the economic growth is forecast at 7-8 percent in China, it will continue to offer multiple opportunities to foreign business community. The Government realises that they can no longer rely solely on exports and foreign direct investment for its sustainable growth due to global uncertainty especially in Euro Zone and the US, but acknowledge that domestic consumption will fuel the engine of growth for many years to come.

Chinese has been well known as a society that loves to save. In fact, China has one the highest saving rates in the world. That's the reason why Chinese consumers can purchase cars and houses in cash rather than depending on bank loans or mortgages, something that is used to be non-existence compared to today. The Government is putting up efforts how to stimulate domestic consumption through various programmes, including increasing the income level of the poor people and improving the social security. If these reforms successful, China will be able to continue to prosper.