According to NBS, Chinese consumer spending was up to $262.6 billion as of October.

The year-on-year retail sales grew by 17.2% in China, and on a monthly basis, sales were up by 1.3% in October, according to the National Bureau of Statistic. Retail It.

EXCLUSIVE MEMBER CONTENT
PSFK provides access to this article and every report, case-study, interview, and analysis that we publish for our members. PSFK Professional Membership also unlocks accessto unlimited customized research assistance and our database of over 100,000 insights on innovation trendspanning across eight industry sectors—from culture and brand to retail and customer experience.
Already a members? Log in