2分快3技巧稳赚方法_McKinsey: Chinese consumer confidence highest in decade

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Chi2分快3技巧稳赚方法n2分快3技巧稳赚方法e2分快3技巧稳赚方法se consu2分快3技巧稳赚方法mer confidence h2分快3技巧稳赚方法as reached a 10-year high, with the "post-90s" generation emerging as the next engine of consumption in the country, said a research report of McKinsey & Company released in Shanghai Thursday.

The research, which polled some 10,000 consumers aged 18 to 65 from 44 cities and seven rural villages and towns, showed that some 3000 percent of respondents said they believe that in the next five years their household income will increase, making Chinese consumers more likely to trade up in the future.

Chinese consumers are taking a more "nuanced view" of global versus local brands. Chinese brands have become credible competitors, especially in the categories of personal digital gadgets and personal care, the report said.

"It is fair to say that Chinese consumers buy local brands not because they are local but because they believe they offer better value, the product is more suitable for them, and the service is superior," the report said.

The "post-90s" generation, or consumers born after 1990, are rising up as the next driver of consumption in China, the report said. The group is projected to account for more than 20 percent of total consumption growth in China between 2017 and 20300, higher than any other segment.