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China’s economic transformation has great potential for future growth

Updated: Mar 7,2016 2:26 PM     China Daily

Although the global economic recovery is slow and China is experiencing economic transformation, the improvement in people’s well-being known as the “people-oriented” policy is the first priority of the central government. This reminds me of a good Chinese word, fuzhi, which means a stable living environment, safe and peaceful social environment and a relaxed and open political environment.

We believe that China’s economic transformation has shown great potential for future growth. Consumer finance can play the role of a catalyst to directly contribute to the development of the macroeconomy. Compared with Europe, China has achieved significant growth on the economic front. Home Credit is confident that this kind of growth will continue in the country.

-- Igor Prerovsky, chief executive officer of Home Credit China