News

China will have 1 billion middle-class consumers by 2030

20/08/2012

English-language newspaper China Daily has said the number of middle-class consumers in China increased by 23% per year between 2000 and 2010. At the end of that period, the newspaper said there were 179 million middle-class people in China but that by 2030 the number will be one billion. It quoted a study by market research group Nielsen that...

To continue reading this story, please sign in or register.