China Consumer Spending Sentiment – 1H Market Report 2023
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“China’s economic development is recovering after the relaxation of COVID-19, but is still facing pressure and challenges. Consumers’ financial situation remained stable, and consumer confidence also picked up. The cautious consumption mentality will still be maintained in 2023. Revenge spending will be concentrated in sectors that can bring instant happiness with small expenditures, such as tourism, offline leisure and catering categories.”
– Blair Zhang, Senior Research Analyst
This is a half-yearly Report that examines China’s macroeconomic status, as well as consumers’ sentimental attitudes towards spending. It looks into:
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.