In January 2025, the index for consumer confidence in China ranged at 87.5 points, up from 86.4 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 Dec 2024 about consumer sentiment, composite, China, and consumer.

China Consumer Confidence: Expectations Index data was reported at 75.927 Index in Jan 2023. This records an increase from the previous number of 72.545 Index for Dec 2022. China Consumer Confidence: Expectations Index data is updated monthly, averaging 69.642 Index from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 77.833 Index in Jan 2021 and a record low of 61.265 Index in Dec 2011. China Consumer Confidence: Expectations 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.

China Consumer Confidence: Investment Index data was reported at 73.412 Index in Jan 2023. This records an increase from the previous number of 73.138 Index for Dec 2022. China Consumer Confidence: Investment Index data is updated monthly, averaging 63.748 Index from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 79.136 Index in Oct 2018 and a record low of 47.431 Index in Jan 2012. China Consumer Confidence: Investment 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.

According to Ipsos Consolidated Economic Indicators based on monthly surveys conducted by Ipsos, the Consumer Confidence Index for China ranged at 77.3 points in March 2023, up from 72.8 points in the previous month. In comparison, the Consumer Confidence Index for the United States stood at 51.4 points in March 2023.

According to a survey conducted at the end of 2023, the Generation Z was the most optimistic generation among Chinese consumers, with around 83 percent of respondents within this age group saying they were economically confident. By comparison, only 70 percent of respondents aged between 26 and 41 (the Millennials) voiced their confidence in the economy.

A survey conducted at the end of 2023 in China shows that consumers from Tier 3 and Tier 4 cities were more optimistic than those living elsewhere in the country, with 82 percent of respondents there expressing confidence in the economy. In Comparison, only 67 percent of rural respondents were economically optimistic. Notably, the Generation Z was the most confident age group across all city tiers.

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 Score: Future Local Economy data was reported at 68.000 Score in Jan 2023. This records an increase from the previous number of 66.000 Score for Dec 2022. China Consumer Confidence Score: Future Local Economy data is updated monthly, averaging 43.300 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 74.200 Score in Jan 2021 and a record low of 20.700 Score in Oct 2012. China Consumer Confidence Score: Future Local Economy 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.

Forbrugertillid i Kina steg til 86,40 point i december fra 86,20 point i november 2024. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Kina - Forbrugertillid.

China Consumer Confidence Score: Major Purchase: Negative Response data was reported at 34.080 Score in Jan 2023. This records an increase from the previous number of 29.198 Score for Dec 2022. China Consumer Confidence Score: Major Purchase: Negative Response data is updated monthly, averaging 45.356 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 63.600 Score in Jul 2011 and a record low of 19.230 Score in Aug 2018. China Consumer Confidence Score: Major Purchase: Negative Response 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.

Im November 2024 liegt der Indexwert für das Verbrauchervertrauen in China bei rund 86,2 Punkten. Die Statistik zeigt den Index für das Verbrauchervertrauen in China von November 2021 bis November 2024. 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 700 Personen über 15 Jahren aus 20 Städten in ganz China. Ein Indexwert über 100 bedeutet, dass die Verbraucher im Hinblick auf ihre wirtschaftliche Situation optimistisch sind; ein Wert unter 100, dass die Situation pessimistisch bewertet wird.

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.

Principal Components of our 34 Google trends time series with proportion of variance covered.

Topic Effect on C3I according to matrix A, B and C.

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 38.8 percent of respondents in China had confidence in product authenticity on NetEase Kaola cross-border e-commerce platform.

China Consumer Confidence Score: Major Purchase: Positive Response data was reported at 65.920 Score in Jan 2023. This records a decrease from the previous number of 70.802 Score for Dec 2022. China Consumer Confidence Score: Major Purchase: Positive Response data is updated monthly, averaging 54.644 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 80.770 Score in Aug 2018 and a record low of 36.400 Score in Jul 2011. China Consumer Confidence Score: Major Purchase: Positive Response 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.

With the development of internet technology, C2C e-commerce has developed rapidly at home and abroad in recent years. More and more enterprises will use e-business as effective means of enhancing competitiveness, and begin to build and develop e-commerce platform aggressively, especially in C2C e-commerce model. But more and more online shopping market frauds and security issues, result in a decline in consumer confidence. This shows C2C e-commerce of our country encounters many problems, which restrict the development of C2C e-commerce in China. Credit problem is always a knotty problem to C2C e-commerce of China, and it is also the bottle-neck to the development of Chinese C2C e-commerce. This paper firstly introduces the basic concept of e-commerce and credit management, and points out the importance of credit management to the development of e-commerce. Then it surveys the development of C2C e-commerce in China and the credit problems, analyzes the reason of credit loss, and points out the necessity of building the credit management system of C2C e-commerce. Finally it exams the quo of credit management of Chinese C2C e-commerce, takes a case study on the credit management system of C2C e-commerce, and puts forward a credit evaluation model. This model has great significance in promoting the development of China’s C2C sites. Assessing from different angles and with its strong feasibility, the model ensures the accuracy and scientificity of seller's credit assessment. http://www.sjae.org/paperInfo.aspx?ID=538

China Consumer Confidence Score: Job Security: Positive Response data was reported at 83.187 Score in Jan 2023. This records an increase from the previous number of 80.535 Score for Dec 2022. China Consumer Confidence Score: Job Security: Positive Response data is updated monthly, averaging 70.108 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 87.349 Score in Jan 2021 and a record low of 49.200 Score in Aug 2011. China Consumer Confidence Score: Job Security: Positive Response 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.

Despite a decade of rapid growth, China's luxury market is expected to shrink by about 10 percent in 2022. In 2021, luxury goods retail revenue in China reached approximately 470 billion yuan. However, consumer confidence was affected by the global economic crisis and the country's strict COVID-19 regulations.