Description
China Consumption Expenditure per Capita (YTD Cumulative) is compiled and published by the National Bureau of Statistics (NBS) of China. This indicator measures the total average consumption expenditure of Chinese residents during a specific period, covering spending on food, clothing, healthcare, education, housing, and other categories. It serves as an important indicator for reflecting the living standard and consumption capacity of residents. Growth in per capita consumption expenditure typically indicates an improvement in quality of life and stronger consumption willingness, while slower growth may suggest economic pressures or weakened consumer demand.