Past Events
China & Hong Kong Retail Outlook: Navigating the Post-Pandemic Landscape
Since the reopening of Hong Kong, the city has attracted nearly 13 million visitors in the first half of the year. Retail sales during this period has gone up 20% to a total of HK$205 billion from last year, marking the gradual recovery of Hong Kong’s retail market. At a seminar on China and Hong Kong's retail outlook, PwC’s Asia Pacific, Mainland China and Hong Kong Consumer Leader, shared with our members the underlying challenges facing the retail sectors, including increased competition from other regional markets, high cost and manpower shortage. He also touched on new retail trends and opportunities that businesses should focus on, including harnessing generative AI to create a frictionless consumer experience and prioritising ESG factors into their daily business operations.
2023/09/19
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