The per capita nominal consumer spending in Shanghai reached 35,000 yuan in the first three quarters of this year, taking the crown among China's 31 provincial-level regions, followed by Beijing and Zhejiang province, with 31,781 yuan and 27,060 yuan, respectively, according to the National ...
The per capita consumer spending in Asia was forecast to continuously increase between 2024 and 2029 by in total 1,313.4 U.S. dollars (+33.88 percent). After the seventh consecutive increasing year, the per capita consumer spending is estimated to reach 5,189.49 U.S. dollars and therefore a...
The per capita nominal consumer spending in Shanghai reached 35,000 yuan in the first three quarters of this year, taking the crown among China's 31 provincial-level regions, followed by Beijing and Zhejiang province, with 31,781 yuan and 27,060 yuan, respectively, according to the National ...
BEIJING, Jan. 19 (Xinhua) -- Consumption, a key driver of the Chinese economy, is expected to see recovery growth this year as more supportive policies are in the pipeline, said the country's economic planner. China's retail sales of consumer goods, a vital consumption indicator, rose 12.5...
Let us take a look at the top 10 regions in China with the highest per capita consumer spending in H1 2021. No 10 Liaoning province 11,324 yuan A Ferris wheel is seen at the South Lake Park in Shenyang, Liaoning province, on July 19, 2021. [Photo/IC] ...
Per capita disposable income in urban and rural China 1990-2024 Per capita consumer spending in urban and rural China 1990-2024 Per capita consumption in urban and rural China 2024, by use Adult population distribution by wealth group in China 2022 ...
China's consumption expenditure per capita stood at 21,559 yuan in 2019, up by 8.6 percent in nominal terms year-on-year, or 5.5 percent after deducting the price factor. As the main stimulus for economic growth, consumption spending contributed 57.8 percent to GDP growth last year....
The real estate crisis has had a negative impact on consumer spending due to a downturn in the property sector and government measures to curb borrowing. There is a diverse range of spending patterns across income groups in China, with an emphasis on discretionary spending categories and growing ...
Discusses consumer spending in China. Leading item of consumption for Chinese individuals; Plans of the government to increase the per-capita living space for urban residents; Contributions of mobile phones to the country's overall telecommunications revenue; Annual spending on commercial travel; Other ...
(Fan,2022). Secondly, despite rapid growth in China’s middle class (and corresponding rates of disposable income per capita), there is still huge further potential in consumer spending available to be unlocked, due to historically high household saving rates leading to low private consumption ...