PeterJungen:Chinaisabouttostepontoth

By Yang Yulai, SFC, 21st Century Business Herald

The 2025 Understanding China Conference is being held from November 30 to December 2 in Guangzhou.

Peter Jungen, Chairman of Peter Jungen Holding GmbH shared with SFC journalist that now China is about to enter a new development stage, and the search for the "new" will be the test of whether a system can successfully stimulate economic vitality and generate development momentum.

“You need to understand that the market economy is like a search engine—within this system, people constantly explore new directions and validate new possibilities. No one can predict which industries will become mainstream in the next five to ten years,” he noted.