Consumer Staples, Automotive Sep 04, 2021 09:24 PM (GMT+8) · EqualOcean
The report "theory, policy and practice of international consumption center cities" released by the development research center of the State Council shows that the 140 largest consumption cities in the world account for 13% of the world's population, but contribute more than 33% of the global consumption market share and more than 36% of GDP. China is moving from a middle-income country to a high-income country, with an urbanization level of more than 60%, and has formed more than 450 million middle-income consumers; The scale of social zero consumption in Beijing and Shanghai has been close to 1.5 trillion yuan. This year or next year, two more cities in China will reach the scale of trillion yuan. At the same time, the scale of social zero consumption in more than a dozen cities in China has exceeded 500 billion yuan.
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