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 General Government Final Consumption Expenditure for China (NCGGRXDCCNA) from 1980 to 2019 about general, China, consumption expenditures, consumption, government, 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.

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.

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 consumer spending for 2023 was 6.963 trillion US dollars, a 4.14% increase from 2022.

<ul style='margin-top:20px;'>

<li>China consumer spending for 2022 was <strong>6.686 trillion US dollars</strong>, a <strong>1.56% decline</strong> from 2021.</li>
<li>China consumer spending for 2021 was <strong>6.792 trillion US dollars</strong>, a <strong>21.05% increase</strong> from 2020.</li>
<li>China consumer spending for 2020 was <strong>5.611 trillion US dollars</strong>, a <strong>0.11% increase</strong> from 2019.</li>
</ul>Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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: 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.

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 July of 2025.

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 49,748 yuan on average. Per capita disposable income in Beijing reached approximately 85,415 yuan that year.

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.

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.

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.

China Consumption Exp per Capita: Urban: HS: Durable Consumer Goods data was reported at 431.520 RMB in 2012. This records an increase from the previous number of 423.810 RMB for 2011. China Consumption Exp per Capita: Urban: HS: Durable Consumer Goods data is updated yearly, averaging 213.570 RMB from Dec 1992 (Median) to 2012, with 21 observations. The data reached an all-time high of 431.520 RMB in 2012 and a record low of 74.630 RMB in 1992. China Consumption Exp per Capita: Urban: HS: Durable Consumer Goods 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: Income and Expenditure per Capita: Urban.

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.

Households and NPISHs Final consumption expenditure (annual % growth) in China was reported at 9.6544 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Household final consumption expenditure (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

China GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 49,324,716.288 RMB mn in 2023. This records an increase from the previous number of 45,046,810.161 RMB mn for 2022. China GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 9,053,683.274 RMB mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 49,324,716.288 RMB mn in 2023 and a record low of 943,503.816 RMB mn in 1990. China GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;