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."
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