Consumer Spending in China increased to 538646.10 CNY Hundred Million in 2024 from 512120.60 CNY Hundred Million in 2023. This dataset provides - China Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average annual per capita consumption expenditure of households in China amounted to around ****** yuan. The consumption expenditure increased nominally by *** percent and price-adjusted by *** percent compared to the previous year.

Graph and download economic data for Real Final Consumption Expenditure for China (NCRXDCCNA) from 1980 to 2019 about China, consumption expenditures, consumption, and real.

Consumer Confidence in China increased to 88 points in May from 87.80 points in April of 2025. This dataset provides - China Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about China Private Consumption: % of GDP

• China Private Consumption accounted for 39.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 37.8 % in the previous year.
• China Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1952 to Dec 2023, with an average share of 49.3 %.
• The data reached an all-time high of 70.8 % in Dec 1962 and a record low of 34.9 % in Dec 2010.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The National Bureau of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about China Private Consumption: % of GDP

• In the latest reports, China GDP expanded 4.5 % YoY in Mar 2023.
• Its Nominal GDP reached 4,166.8 USD bn in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.
• Its Gross Savings Rate was measured at 44.3 % in Dec 2023.

China Consumption Expenditure per Capita: Cash data was reported at 21,943.819 RMB in 2023. This records an increase from the previous number of 19,783.537 RMB for 2022. China Consumption Expenditure per Capita: Cash data is updated yearly, averaging 16,174.762 RMB from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 21,943.819 RMB in 2023 and a record low of 10,917.421 RMB in 2013. China Consumption Expenditure per Capita: Cash data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Expenditure per Capita.

China Consumption Expenditure per Capita: Clothing data was reported at 1,521.000 RMB in 2024. This records an increase from the previous number of 1,479.000 RMB for 2023. China Consumption Expenditure per Capita: Clothing data is updated yearly, averaging 902.600 RMB from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 1,521.000 RMB in 2024 and a record low of 224.700 RMB in 1998. China Consumption Expenditure per Capita: Clothing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Expenditure per Capita.

China Consumption Expenditure per Capita: YoY: Year to Date(Real) data was reported at 5.300 % in Mar 2025. This records an increase from the previous number of 5.100 % for Dec 2024. China Consumption Expenditure per Capita: YoY: Year to Date(Real) data is updated quarterly, averaging 6.300 % from Mar 2014 (Median) to Mar 2025, with 45 observations. The data reached an all-time high of 17.600 % in Mar 2021 and a record low of -12.500 % in Mar 2020. China Consumption Expenditure per Capita: YoY: Year to Date(Real) data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Expenditure per Capita.

In 2024, households in China spent on average approximately **** percent of their consumption expenditure on food, tobacco, and liquor. Rural households spent a slightly larger share of their money on food items than urban households.

Key information about China Household Expenditure per Capita

• China Annual Household Expenditure per Capita reached 4,802.362 USD in Dec 2024, compared with the last update number of 4,660.367 USD in Dec 2023.
• China Annual Household Expenditure per Capita data is updated yearly, available from Dec 1957 to Dec 2024, with an averaged value of 607.205 USD.
• The data reached an all-time high of 4,802.362 USD in Dec 2024 and a record low of 89.641 USD in Dec 1964.
• In the latest reports, Retail Sales of China grew 12.700 % YoY in May 2023.

CEIC converts Annual Household Expenditure per Capita into USD. The National Bureau of Statistics provides Household Expenditure per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Household Expenditure covers Consumption Expenditure and for urban area only.

In 2024, per capita consumer spending of residents in Beijing municipality in China amounted to around ****** yuan on average. Per capita disposable income in Beijing reached approximately ****** yuan that year.

China Consumption Expenditure per Capita: Health Care and Medical Services data was reported at 2,547.000 RMB in 2024. This records an increase from the previous number of 2,460.000 RMB for 2023. China Consumption Expenditure per Capita: Health Care and Medical Services data is updated yearly, averaging 743.700 RMB from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 2,547.000 RMB in 2024 and a record low of 173.200 RMB in 2000. China Consumption Expenditure per Capita: Health Care and Medical Services data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Expenditure per Capita.

In 2023, the annual per capita private consumption expenditure in different regions in China varied from about 52.5 thousand yuan in Shanghai to about 1.7 thousand yuan in Tibet. The national average ranged at around 26.8 thousand yuan in that year.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for China (CHNGFCEADSMEI) from 1978 to 2014 about China, consumption expenditures, consumption, and government.

In 2024, average households in China spent approximately ***** yuan per capita on food, tobacco, and liquor annually. There was a considerable gap between urban and rural household spending.

Consumption Expenditure per Capita: Urban: Guangdong: Shenzhen data was reported at 49,013.000 RMB in 2023. This records an increase from the previous number of 44,792.900 RMB for 2022. Consumption Expenditure per Capita: Urban: Guangdong: Shenzhen data is updated yearly, averaging 19,247.760 RMB from Dec 1988 (Median) to 2023, with 36 observations. The data reached an all-time high of 49,013.000 RMB in 2023 and a record low of 2,345.400 RMB in 1988. Consumption Expenditure per Capita: Urban: Guangdong: Shenzhen data remains active status in CEIC and is reported by Shenzhen Municipal Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HF: Consumption Expenditure per Capita: Prefecture Level City: Urban.

Households and NPISHs Final consumption expenditure (current US$) in China was reported at 7229259522659 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Household final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about China Public Consumption Expenditure

• China Public Consumption Expenditure was reported at 2,939.580 USD bn in Dec 2023.
• This records an increase from the previous number of 2,872.835 USD bn for Dec 2022.
• China Public Consumption Expenditure data is updated yearly, averaging 57.756 USD bn from Dec 1957 to 2023, with 67 observations.
• The data reached an all-time high of 2,939.580 USD bn in 2023 and a record low of 5.111 USD bn in 1959.
• China Public Consumption Expenditure data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Government Consumption Expenditure: USD: Annual.

CEIC converts annual Government Consumption Expenditure into USD. The National Bureau of Statistics provides Government Consumption Expenditure in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

In 2023, final consumption of the economy in China accounted for about 55.7 percent of the gross domestic product (GDP). The share of final consumption in the total GDP of China is expected to increase gradually in the upcoming years. Level of consumption in China Final consumption refers to the part of the GDP that is consumed, in contrast to what is invested or exported. In matured economies, final consumption often accounts for 70 or more percent of the total GDP. In developing countries, however, a significantly larger share may be spent on investments in infrastructure, real estate, and industrial capacities.Since its economic opening up, China was among the countries with the highest ratio of spending on investment and the lowest on consumption. Especially since 2000, China spent increasing amounts of money on infrastructure and housing, while the share spent on consumption dropped to an all-time low. This was not only related to China’s rapid economic ascendence, but also to a large working-age population and a low dependency ratio. Recent developments and outlook As the rate of returns on investment has dropped gradually since the global financial crisis in 2008, China is trying to shift to a more consumption-driven growth model. Accordingly, the share of final consumption has increased since 2010. Although this trend was interrupted by the coronavirus pandemic, it will most probably continue in the future. Lower demand for new infrastructure and housing, as well as an aging population, are the main drivers of this development.

Final consumption expenditure (current US$) in China was reported at 10369777066566 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.