This statistic shows the percentage share of China's middle class consumption in the world in 2015 with forecasts for 2020 and 2030. According to the forecast, China's middle class consumption would account for approximately ** percent of the total middle class consumption worldwide in 2030.

This statistic shows the percentage share of China's middle class population in 2010 with a forecast for 2020. According to the forecast, the middle class in China would account for approximately ** percent of the total population by 2020.

As of January 2022, the largest share of Chinese middle-class families had an annual income of between *** thousand and *** thousand yuan per year. According to the same survey, almost ** percent of respondents have at least one child. Many middle-class families in China face significant financial burdens because not only do living costs continuously increase but they also often have to support their parents. In that case, one family has to care for four elders and least one kid.

Disposable Income per Capita: Urban: Middle Income data was reported at 48,508.000 RMB in 2024. This records an increase from the previous number of 46,276.000 RMB for 2023. Disposable Income per Capita: Urban: Middle Income data is updated yearly, averaging 8,678.295 RMB from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 48,508.000 RMB in 2024 and a record low of 737.280 RMB in 1985. Disposable Income per Capita: Urban: Middle Income 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 by Income Level. Since 2013, All households in the sample are grouped, by per capita disposable income of the household, into groups of low income, lower middle income, middle income, upper middle income, and high income, each group consisting of 20%, 20%, 20%, 20%, and 20% of all households respectively.

China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service data was reported at 1,033.640 RMB in 2012. This records an increase from the previous number of 923.350 RMB for 2011. China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service data is updated yearly, averaging 343.060 RMB from Dec 1985 (Median) to 2012, with 23 observations. The data reached an all-time high of 1,033.640 RMB in 2012 and a record low of 77.160 RMB in 1985. China Consumption Exp per Capita: Urban: Middle Income: Household Facility, Article & Service 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: Consumption Structure by Income Level: Urban.

This statistic compares the share of the global wealth middle class population in China in 2000 and 2020. In 2020, China accounted for around ** percent of the global wealth middle class population, an increase from around ** percent in 2000.

In China, the share of the population that earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms was **** percent. Hangzhou topped the list with the highest share of middle-class and above category of consumers.

China Consumption Exp per Capita: Urban: Middle Income: Food data was reported at 6,061.370 RMB in 2012. This records an increase from the previous number of 5,467.090 RMB for 2011. China Consumption Exp per Capita: Urban: Middle Income: Food data is updated yearly, averaging 2,032.810 RMB from Dec 1985 (Median) to 2012, with 23 observations. The data reached an all-time high of 6,061.370 RMB in 2012 and a record low of 392.760 RMB in 1985. China Consumption Exp per Capita: Urban: Middle Income: Food 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: Consumption Structure by Income Level: Urban.

China Disposable Income per Capita: Urban: Upper Middle Income data was reported at 68,151.000 RMB in 2024. This records an increase from the previous number of 65,430.000 RMB for 2023. China Disposable Income per Capita: Urban: Upper Middle Income data is updated yearly, averaging 11,827.130 RMB from Dec 1985 (Median) to 2024, with 40 observations. The data reached an all-time high of 68,151.000 RMB in 2024 and a record low of 861.960 RMB in 1985. China Disposable Income per Capita: Urban: Upper Middle Income 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 by Income Level. Since 2013, All households in the sample are grouped, by per capita disposable income of the household, into groups of low income, lower middle income, middle income, upper middle income, and high income, each group consisting of 20%, 20%, 20%, 20%, and 20% of all households respectively.

China Disposable Income per Capita: Upper Middle Income data was reported at 53,359.000 RMB in 2024. This records an increase from the previous number of 50,220.000 RMB for 2023. China Disposable Income per Capita: Upper Middle Income data is updated yearly, averaging 37,850.925 RMB from Dec 2013 (Median) to 2024, with 12 observations. The data reached an all-time high of 53,359.000 RMB in 2024 and a record low of 24,361.249 RMB in 2013. China Disposable Income per Capita: Upper Middle Income 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 by Income Level.

China Net Income per Capita: Rural Household: Wage: Middle Income data was reported at 3,196.412 RMB in 2012. This records an increase from the previous number of 2,739.837 RMB for 2011. China Net Income per Capita: Rural Household: Wage: Middle Income data is updated yearly, averaging 1,450.075 RMB from Dec 2002 (Median) to 2012, with 11 observations. The data reached an all-time high of 3,196.412 RMB in 2012 and a record low of 716.180 RMB in 2002. China Net Income per Capita: Rural Household: Wage: Middle Income 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 by Income Level: Rural.

China boasts the fastest growing GDP of all developed nations. Neighboring regions will have the largest middle class in history. China is building transport infrastructure to take advantage. Companies that capture market share in this region will be the largest and best performing over the next decade.

Macro Tailwinds

1) China GDP is the fastest growing of any major country with expected 5-6% over the next decade. If businesses (Alibaba, Tencent, etc..) maintain flat market share, that alone will drive 5-6% over the next decade. This is already higher than JP Morgans expectation (from their 13f filings) that the US market will perform between -5% and +5% over this coming decade.

2) The Southeast Asia Region contains about 5 billion people. China is constructing the One Best One Road which will be completed by 2030. This will grant their businesses access to the fastest and largest growing middle class in human history. Over the next 10+ years this region will be home to the largest middle class in history, potentially over 10x that of North America and Europe, based on stock price in Google Sheets.

Increasing average Chinese income.

Chinese average income has more than doubled over the last decade. Having sustained the least economic damage from the virus, this trend is expected to continue. At this pace the average Chinese citizen salary will be at 50% of the average US by 2030 (with stock price in Excel provided by Finsheet via Finnhub Stock Api), with the difference being there are 4x more Chinese. Thus a market potential of almost 2x the US over the next decade.

The Southeast Asia Region now contains the largest total number of billionaires, this number is expected to increase at an increasing rate as the region continues to develop. Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

2013 North America was home to the largest number of billionaires. This reversed with Asia over the following 5 years. This separation is expected to continue at an increasing rate. Why does this matter? Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

Companies that can easily access all customers in the world will perform best. This is good news for Apple, Microsoft, and Disney. Disney stock price in Excel right now is $70. But not for Amazon or Google which at first may sound contrary as the expectation is that Amazon "will take over the world". However one cannot do that without first conquering China. Firms like Alibaba and Tencent will have easy access to the global infrastructure being built by China in an attempt to speed up and ease trade in that region. The following guide shows how to get stock price in Excel.

We will explore companies using a:

1) Past

2) Present (including financial statements)

3) Future

4) Story/Tailwind

Method to find investing ideas in these regions. The tailwind is currently largest in the Asia region with 6%+ GDP growth according to the latest SEC form 4 from Edgar Company Search. This is relevant as investments in this region have a greater margin of safety; investing in a company that maintains flat market share should increase about 6% per year as the market growth size is so significant. The next article I will explore Alibaba (NYSE: BABA), and why I recently purchased a large position during the recent Ant Financial Crisis.

China Income per Capita: Urban: Middle Income data was reported at 24,531.410 RMB in 2012. This records an increase from the previous number of 21,439.700 RMB for 2011. China Income per Capita: Urban: Middle Income data is updated yearly, averaging 5,346.020 RMB from Dec 1985 (Median) to 2012, with 28 observations. The data reached an all-time high of 24,531.410 RMB in 2012 and a record low of 805.200 RMB in 1985. China Income per Capita: Urban: Middle Income 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 by Income Level: Urban.

This statistic shows the size of the urban middle class population in China from 2005 to 2010. Middle class includes households with an annual income between ****** and ******* yuan. In 2005, the urban middle class in China encompassed **** million people.

China Income per Capita: Urban: Upper Middle Income data was reported at 32,758.800 RMB in 2012. This records an increase from the previous number of 29,058.920 RMB for 2011. China Income per Capita: Urban: Upper Middle Income data is updated yearly, averaging 6,673.460 RMB from Dec 1985 (Median) to 2012, with 28 observations. The data reached an all-time high of 32,758.800 RMB in 2012 and a record low of 935.520 RMB in 1985. China Income per Capita: Urban: Upper Middle Income 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 by Income Level: Urban.

In 2024, the number of people living in the middle class and above in China amounted to over **** billion. In Brunei, over ***** thousand people were middle class and above, accounting for 100 percent of the country's population that year.

China Food Service Market was valued at USD 122.5 Billion in 2024 and is projected to reach USD 232.4 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.Key Market Drivers:Rising Urban Middle Class with Higher Disposable Income: China's growing middle class continues to drive national food service expansion. According to the National Bureau of Statistics of China, urban disposable income per capita would reach 49,283 yuan in 2023, up 5.1% year on year despite economic headwinds. According to the China Cuisine Association, middle-class households spend roughly 19.4% of their food expenditure on dining out, up from 14.7% in 2019. Furthermore, the Chinese Academy of Social Sciences reported that tier-two and tier-three cities saw the fastest growth in food service expenditure at 11.3% in 2023, indicating that wealth is extending beyond megacities and creating significant new markets.Rising Urban Middle Class with Higher Disposable Income: China's expanding middle class continues to fuel national food service expansion. According to the National Bureau of Statistics of China, urban disposable income per capita will be 49,283 yuan in 2023, growing 5.1% year on year despite economic headwinds. According to the China Cuisine Association, middle-class households spend approximately 19.4% of their food budget on eating out, up from 14.7% in 2019. Furthermore, the Chinese Academy of Social Sciences found that tier-two and tier-three cities experienced the greatest growth in food service expenditure in 2023, at 11.3%, demonstrating that affluence is spreading beyond megacities and establishing major new markets.

As of January 2022, almost 70 percent of middle class families were planning to invest in public funds. Other popular financial products among this demographic included commercial insurance, stocks, and wealth management products. Only around one-fifth of respondents stated that they were going to deposit their money in a savings account.

China Consumption Exp per Capita: Urban: Middle Income: Miscellaneous data was reported at 529.940 RMB in 2012. This records an increase from the previous number of 466.070 RMB for 2011. China Consumption Exp per Capita: Urban: Middle Income: Miscellaneous data is updated yearly, averaging 198.420 RMB from Dec 1985 (Median) to 2012, with 23 observations. The data reached an all-time high of 529.940 RMB in 2012 and a record low of 30.360 RMB in 1985. China Consumption Exp per Capita: Urban: Middle Income: Miscellaneous 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: Consumption Structure by Income Level: Urban.

This dataset tracks annual total classroom teachers amount from 2011 to 2023 for China Middle School