McKinsey on China

McKinsey research shows that by the year 2015, more than 700 million people in China will be watching online video content. Despite the potential, many observers are cautious about the industrys outlook. While the market may be growing rapidly, few companies are actually making money. Our research suggests that profits will materialize, but only players with the deepest pockets will survive. In this podcast, Nick Leung speaks with Alan Lau and Davis Lin, authors of a recent report on this topic. Nick is the Managing Partner of McKinseys Greater China Practice. Alan is a Partner in Hong Kong who heads the High Tech, Media and Telecoms Practice in Greater China. Davis is a Partner with the High Tech, Media and Telecoms Practice in Taipei.

Chinese banks are among the biggest and most valuable financial institutions in the world. How does the banking market in China stack up to the rest of the world, and how have consumer attitudes changed since the financial crisis? McKinsey took a closer look at these and other questions in a recent survey of 20,000 consumers across 13 different markets in Asia. In this podcast, Nick Leung speaks with Emmanuel Pitsilis and Kenny Lam about the research. Nick is the Managing Partner of McKinsey's Greater China Practice. Emmanuel is a Director in McKinsey's Hong Kong office and leads the Financial Institutions Practice for Greater China. Kenny is a Partner in Hong Kong.

China's 12th five-year plan is an ambitious document that builds on decades of rapid economic development. It aims to transform the Chinese economy from one that is focused on exports and GDP growth, to a more sustainable model that addresses the pressing social and environmental issues facing China today. In this podcast, Nick Leung, Managing Partner of McKinsey's Greater China Practice, talks to Jonathan Woetzel and Guangyu Li about a recent study they've published that looks at the potential impact of the plan on over 30 industry sectors. Jonathan is a Director in Shanghai, and is Co-Chair of the Urban China Initiative, a think-tank founded by Columbia University, Tsinghua University and McKinsey. Guangyu is a Partner in the Shanghai office and leads McKinsey's Public Sector Practice in Greater China.

China is rapidly becoming a center of innovation activity, and spurring innovation is one of the top priorities in the Chinese government's latest five-year plan. This policy initiative is creating local champions that are taking market share from multinational corporations operating in China. They're also becoming powerful competitors on the international stage. But progress varies across industries, and as a result, we still see few breakthrough ideas emerging from China. In this podcast, Nick Leung, Managing Partner of McKinsey's Greater China Practice, talks to Gordon Orr and Erik Roth about China's ability to innovate. Gordon is a Director and Chairman of McKinsey Asia, based in Shanghai. Erik is a Partner in Shanghai who leads the Global Innovation Practice.