Today In Data: China Measures Consumer Economy

By  |  June 23, 2017
 | 

Shopping malls and convenience stores are among the fastest growing brick-and-mortar retail buildings in China, according to news from the country’s Ministry of Commerce.

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    To help learn more about consumer spending, the Chinese government has put together a way to gauge consumer spending in these commerce areas.

    Here are the numbers:

    58 | Number of cities where mall index was developed and measured

    30 | Number of cities where convenience store index was developed and measured

    77.2 percent | Amount of consumption contributing to economic expansion in Q1 2017

    64.6 percent | Amount of consumption contributing to economic expansion in Q1 2016

    72.2 percent | Convenience store expansion increase for Q1 2017

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