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How will disposable income and consumption evolve for Chinese households? Even under negative economic scenarios, aggregate consumption should grow by 5.2 percent a year over the next 10 years, faster than most other economies. Disposable income will grow by 4.4 percent per year over the period.
Contents for this issue of the China ResearchGraphic were taken from the report "No More Tiers: Navigating the Future of Consumer Demand across China's Cities." Visit www.conference-board.org/china-consumption/ to access the full report.