Consumer Confidence in China decreased to 87.90 points in June from 88 points in May of 2025. This dataset provides - China Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In July 2025, the index for consumer confidence in China ranged at ** points, up from **** points in the previous month. The index dropped considerably in the first half of 2022 and performed a sideways movement during 2023 and 2024. Consumer confidence Index The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country. As consumers need time to react to economic changes, the CCI tends to lag behind other indicators like the consumer price index (CPI) and the producer price index (PPI). Development in China As shown by the graph at hand, confidence among Chinese consumers picked up since mid of 2016. In October 2017, the CCI hit a record value of 127.6 index points and entered into a sideward movement. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP. After the outbreak of the coronavirus pandemic, consumer confidence dropped quickly in the beginning of 2020, but started to recover in the second half of the year, leading to a v-shaped movement of the index in 2020.

Graph and download economic data for Consumer Opinion Surveys: Composite Consumer Confidence for China (CSCICP02CNM460S) from Jan 1990 to May 2025 about consumer sentiment, composite, China, and consumer.

The Westpac MNI China Consumer Sentiment Index went up to 116.6 in December of 2016 from 114.9 in November, driven by an increase in the indices of current personal finances (+2.8 percent to 113.0, the highest since May 2014) and propensity to save. At the same time, consumers showed concerns about the 2017 outlook for jobs. This dataset provides - China Mni Consumer Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for China (CSCICP03CNM665S) from Jan 1990 to Dec 2023 about consumer sentiment, composite, China, and consumer.

Key information about China Consumer Confidence Growth

• China Consumer Confidence dropped by 0.7 % Point in Feb 2025, compared with a decrease of 1.4 % Point in the previous month.
• China Consumer Confidence: YoY Change is updated monthly, available from Jan 1991 to Feb 2025, averaged at 0.0 % Point.
• The data reached an all-time high of 16.7 % Point in Oct 2017 and a record low of -35.0 % Point in May 2022.
• In the latest reports, Retail Sales of China grew 12.7 % YoY in May 2023.

According to Ipsos Consolidated Economic Indicators based on monthly surveys conducted by Ipsos, the Consumer Confidence Index for China ranged at **** points in March 2023, up from **** points in the previous month. In comparison, the Consumer Confidence Index for the United States stood at **** points in March 2023.

Hong Kong Index of Consumer Sentiment data was reported at 91.200 Jan2000=100 in Sep 2017. This records an increase from the previous number of 89.800 Jan2000=100 for Jun 2017. Hong Kong Index of Consumer Sentiment data is updated quarterly, averaging 86.400 Jan2000=100 from Mar 2000 (Median) to Sep 2017, with 71 observations. The data reached an all-time high of 116.900 Jan2000=100 in Jun 2007 and a record low of 55.900 Jan2000=100 in Sep 2001. Hong Kong Index of Consumer Sentiment data remains active status in CEIC and is reported by Chinese University of Hong Kong. The data is categorized under Global Database’s Hong Kong SAR – Table HK.H023: Survey of Consumer Confidence and Sentiment (Discontinued). Figure for January 2018 is 98.9.

View monthly updates and historical trends for Consumer Confidence Indicator: China (DISCONTINUED). Source: Organisation for Economic Co-operation and Dev…

Key information about China Consumer Confidence: Net Balance

• China Consumer Confidence: Net Balance recorded a drop of 5.1 % Point in Mar 2023, compared with a drop of 5.3 % points in the previous month.
• China Consumer Confidence: Net Balance data is updated monthly, available from Jan 1990 to Mar 2023, with an averaged 10.1 % points.
• The data reached an all-time high of 27.0 % in Feb 2021 and a record low of -14.5 % in Nov 2022.

• In the latest reports, Retail Sales of China grew 12.7 % YoY in May 2023.
• China Consumer Confidence dropped by 18.3 % Point in Mar 2023.
• China Annual Household Income per Capita reached 4,805.9 USD in Dec 2013.
• China Annual Household Expenditure per Capita reached 4,515.3 USD in Dec 2022.
• Car Sales of China recorded 2,381,614.0 units in May 2023, representing a growth of 27.9 %.

China Consumer Confidence: Current Index data was reported at 73.178 Index in Jan 2023. This records an increase from the previous number of 72.959 Index for Dec 2022. China Consumer Confidence: Current Index data is updated monthly, averaging 62.801 Index from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 78.438 Index in Nov 2018 and a record low of 45.646 Index in Jun 2012. China Consumer Confidence: Current Index data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s China – Table CN.IPSOS: Consumer Confidence Survey.

A survey conducted at the end of 2024 in China shows that consumers from *******and *******cities were more optimistic than those living elsewhere in the country, with ***percent of respondents there expressing confidence in the economy. In Comparison, only ***percent of ******respondents were economically optimistic. Notably, the Generation Z was the most confident age group across all city tiers.

Im Juli 2025 liegt der Indexwert für das Verbrauchervertrauen in China bei rund ** Punkten. Die Statistik zeigt den Index für das Verbrauchervertrauen in China von Juli 2021 bis Juli 2025. Index für Verbrauchervertrauen (Consumer Confidence Index) Indizes für das nationale Verbrauchervertrauen zählen zu den wichtigsten wirtschaftlichen Frühindikatoren. Der Index misst, mittels Befragung, die Konsumlaune von Privathaushalten, als Teil der Binnennachfrage. Lassen die befragten Privathaushalte die Absicht steigender Konsumausgaben erkennen, ist der Index positiv und steigt. In der Folge lässt sich ein erhöhter Absatz von Konsumgütern verzeichnen. Umgekehrt gibt ein sinkender Verbrauchervertrauensindex erste Hinweise für einen Rückgang in der Binnennachfrage und schließlich auch der Wirtschaftsleistung. Der Index für Verbrauchervertrauen in China (Consumer Confidence Index) basiert auf einer Befragung von rund *** Personen über ** Jahren aus ** Städten in ganz China. Ein Indexwert über *** bedeutet, dass die Verbraucher im Hinblick auf ihre wirtschaftliche Situation optimistisch sind; ein Wert unter ***, dass die Situation pessimistisch bewertet wird.

Bankcard Consumer Confidence Index data was reported at 91.990 % in Jan 2020. This records an increase from the previous number of 91.980 % for Dec 2019. Bankcard Consumer Confidence Index data is updated monthly, averaging 86.460 % from Jan 2010 (Median) to Jan 2020, with 121 observations. The data reached an all-time high of 91.990 % in Jan 2020 and a record low of 78.820 % in Jul 2016. Bankcard Consumer Confidence Index data remains active status in CEIC and is reported by China UnionPay. The data is categorized under China Premium Database’s Household Survey – Table CN.HB: Bankcard Consumer Confidence Index: China UnionPay.

According to a survey conducted at the end of 2024, the Generation * was the most optimistic generation among Chinese consumers, with around ** percent of respondents within this age group saying they were economically confident. By comparison, only ** percent of respondents aged between 26 and 41 (the Millennials) voiced their confidence in the economy.

In this paper, we introduce the mixed-frequency data model (MIDAS) to China’s insurance demand forecasting. We select the monthly indicators Consumer Confidence Index (CCI), China Economic Policy Uncertainty Index (EPU), Consumer Price Index (PPI), and quarterly indicator Depth of Insurance (TID) to construct a Mixed Data Sampling (MIDAS) regression model, which is used to study the impact and forecasting effect of CCI, EPU, and PPI on China’s insurance demand. To ensure forecasting accuracy, we investigate the forecasting effects of the MIDAS models with different weighting functions, forecasting windows, and a combination of forecasting methods, and use the selected optimal MIDAS models to forecast the short-term insurance demand in China. The experimental results show that the MIDAS model has good forecasting performance, especially in short-term forecasting. Rolling window and recursive identification prediction can improve the prediction accuracy, and the combination prediction makes the results more robust. Consumer confidence is the main factor influencing the demand for insurance during the COVID-19 period, and the demand for insurance is most sensitive to changes in consumer confidence. Shortly, China’s insurance demand is expected to return to the pre-COVID-19 level by 2023Q2, showing positive development. The findings of the study provide new ideas for China’s insurance policymaking.

This statistic shows the consumer confidence in product authenticity on cross-border e-commerce platforms in China as of December 2017, by platform. During the survey period, around **** percent of respondents in China had confidence in product authenticity on NetEase Kaola cross-border e-commerce platform.

CWT plots comparison of the COVID-19 and the GFC.

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