In this report, we highlight five trends that are shaping consumer behavior. Our analysis draws on an extensive nationwide survey of over 6,700 Chinese consumers conducted in July 2022, a separate “Pulse” survey of consumer attitudes in China and several other markets, online transaction data ...
China's consumer spending trends have seen a positive upturn as consumer spending contributed 83.2 percent to economic growth during the first three quarters of 2023, the Guangming Daily reported. This surge in consumer activity marks an improvement in spending patterns, which have become more rationa...
Find out more in today's newsletter. Also, explore CGTN's conversation with Hans Dekkers, general manager of IBM Asia Pacific, on emerging trends and opportunities in China amidst the AI revolution. Plus, discover insights from Tencent's CEO on China's increasing support for the private sector...
China's consumer spending trends have seen a positive upturn as consumer spending contributed 83.2 percent to economic growth during the first three quarters of 2023, the Guangming Daily reported. This surge in consumer activity marks an improvement in spending patterns, which have become more rationa...
The Consumer Price Index (CPI), released by the National Bureau of Statistics of China on a monthly basis, measures changes in the price level of consumer goods and services purchased by residents. The CPI is a key indicator to measure inflation and changes in purchasing trends. The YoY readi...
China's consumer spending trends have seen a positive upturn as consumer spending contributed 83.2 percent to economic growth during the first three quarters of 2023, the Guangming Daily reported. This surge in consumer activity marks an improvement in spending patterns, which have become more ...
China is estimated to be the largest consumer economy today as measured in purchasing power parity (PPP) terms. Over the next decade, it may add more consumption than any other country, and is expected to generate more than one-quarter of all global consumption growth, according...
Growing up in the internet era, Generation Z (born after 1995) is changing behaviors in consumer and job markets. Compared with other generations, Generation Z is more confident and rational. The rise of China’s native fashion trends in 2021 is an example that shows Generation Z has a ...
Survey name: Consumer Insights Global survey Region: China Number of respondents: 24,103 Age of respondents: 18 to 64 years Type of respondents: residential online population Survey time period: July 2023 to June 2024 Report this content
Staying informed about thelatest Chinese fashion trends and consumer preferencesis crucial for success in this rapidly evolving market. The Rapid Evolution of the Fashion Market In China Trend 1: Sustainability And Conscious Consumption Consumers in China are increasingly focused onsustainability and ethica...