Chinese consumers are more and more optimistic and would spend more
The value of consumer confidence in China is stable, and the population is becoming more optimistic and willing to spend more than before – shows the latest reoprt of Nielsen market researcher’s Chinese department.
The 108 points value of the consumer confidence index measured in the first three months of the year is equal to the datas of the previous quarter, and is higher than the global average by 15 points – shows the new data of Nielsen.
In parallel with the increase in confidence, the propensity to consume has also increased. 39 percent of respondents said that they plan to increase their spendings. This is the highest rate of the past two and a half years. (MTI)
Related news
Related news
Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect…
Read more >Plant-based brands risk losing consumer interest, says Flora exec
Flora Food Group marketing director Ian Hepburn has warned that…
Read more >Albertsons Terminates Merger With Kroger
Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after…
Read more >