Chinese consumers continue to upgrade their purchases

The consumption upgrade index for Chinese residents has accelerated to 0.376 in 2018 from 0.341 last year, indicating that consumers are buying more for entertainment and future development, Yicai.com reported. The consumption upgrade level of Beijing, Shanghai, Zhejiang, Jiangsu and Guangdong provinces continue to lead the country, according to a report co-released by Suning Financial […]