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Slowdown fails to dent consumer spending

By Hu Yuanyuan | China Daily | Updated: 2016-02-03 08:23

Chinese consumers' willingness to spend in 2015 reached the highest level in the past four years despite the economic slowdown, a study from The Nielsen Co showed on Tuesday.

"This is a result of China's commitment to shift from an investment-driven to consumption-driven economy," said Kiki Fan, managing director of Nielsen China.

"Booming online shopping provides more variety and convenience to customers, thus fueling their spending desire."

Slowdown fails to dent consumer spending

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