国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Consumer confidence surges in Q1

By HU YUANYUAN | China Daily | Updated: 2017-05-24 07:18
Share
Share - WeChat

A tourist buys bronzeware made in Pakistan at the Grand Bazaar in Urumqi, capital of the Xinjiang Uygur autonomous region. XINHUA

China's consumer confidence index in the first quarter hit the highest score since 2015, buoyed by an improved macroeconomy and surging consumption power, Nielsen's latest survey showed on Tuesday.

The latest figure, which stood at 110, is up two points from the previous quarter, suggesting that along with the stable growth in individual incomes, Chinese consumer confidence is continuing to rise. It also points to the overall steady growth of China's economy.

According to the National Bureau of Statistics, the country's GDP growth was 6.9 percent in the first quarter, higher than most economists' expectations and 0.1 percentage point higher than in the last quarter of 2016.

China's consumption upgrade trend has fueled people's spending intentions, said Vishal Bali, managing director of Nielsen China.

"As the overall economy is shifting toward a consumption-led model, we're seeing that people are increasingly confident about their employment opportunities and personal financial situation. And we are seeing this translate into demand for premium products and services. Brands should be looking to capitalize on this," Bali added.

Nielsen's China consumer confidence index measures perceptions of local job prospects, personal finance and immediate spending intentions. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism, respectively.

The latest report shows that personal finance grew to 66 from 62, perceptions of local job prospects to 55 from 53. Moreover, the score of immediate spending intentions reached 55 from the previous level of 53, reaching its highest level since 2014.

Meanwhile, fast-moving consumer goods, a key component of the consumption sector, also reached a new high in the first quarter, with the total online sales value of 34 fast-moving consumer goods categories increased from 28 percent in the fourth quarter of last year to 31 percent, and offline sales value also increased from 2 percent to 4 percent, according to Nielsen findings.

Zhang Jindong, chairman of Suning Holdings Group, said earlier that this year will be a landmark for the consumption upgrading and the company is particularly optimistic about this year's prospects.

The consumption sector accounted for 64.6 percent of China's GDP growth last year, becoming the biggest driver of the economic growth.

 

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
正宁县| 台安县| 辽中县| 望奎县| 河间市| 通渭县| 雷山县| 霞浦县| 辽阳县| 宣威市| 宜春市| 苗栗县| 桃源县| 晋城| 麻江县| 沂源县| 丰宁| 孟津县| 岗巴县| 宁波市| 江油市| 武乡县| 山东省| 称多县| 鹤岗市| 雷州市| 东丽区| 宣城市| 思南县| 内丘县| 响水县| 广水市| 勐海县| 手游| 肥东县| 长沙市| 和田市| 扶余县| 商丘市| 潼南县| 永平县|