Urban Chinese spending on services rising in big cities By Liu Weifeng, Cao Li in and Zheng Caixiong (China Daily) Updated: 2006-06-05 09:22
New statistics have shown that urban Chinese are spending increasing amounts
on services and leisure.
Beijing residents spent one-third of their
income on cultural and recreational activities in 2005, up 8 per cent over 2004,
according to statistics from the Beijing Municipal Statistics
Bureau.
"This year, people are going to spend proportionately more on
services," said Shi Kangning, from the China Association of Social
Workers.
For example, Beijingers will spend 3 billion yuan (US$370
million) on weddings alone, Shi told China Daily.
According to Shanghai
Media and Entertainment Group, revenues produced by the city's entertainment
sector reached 4.8 billion yuan (US$600 million) in 2005, up 30 per cent from
2004.
Wu Jianying, marketing manager of Alexander Group, a chain fitness
group with outlets in Shanghai, Beijing and Taipei, said, "Shanghainese,
especially white-collars who earn above average, are pursuing life of better
quality."
After a successful trial starting 2002, the group is
considering opening a second outlet in the city.
"We have strong belief
that Shanghai has huge potential for high quality service consumption," Wu
said.
Zhou Juemin, manager of a domestic help company under Shanghai
Women's Federation, told China Daily they are offering more "considerate"
services to cater to consumers' needs.
"When we offer home relocation,
moving the furniture is just part of our job. We also visit the neighbours and
send them cakes to help our clients to better adapt to the neighbourhood," she
said.
In Guangzhou, a survey conducted by Guangzhou Urban Survey and
Research Centre showed the average urban family spent 5,067 yuan (US$634)
"buying different kinds of services" last year.
The figure represented
at least 10 per cent growth from a year ago. It also accounted for more than 35
per cent of the family's total annual income in 2005, compared with less than 10
per cent in 2000. (For more biz stories, please visit Industry Updates)
|