The novel coronavirus COVID-19 outbreak would probably change Chinese people's consumption preferences. According to a survey on the epidemic impact on the Chinese society released in February 2020, around 56 percent of the respondents said that they would try to spend less money on luxury goods after the epidemic. About 42 percent of the respondents intended to travel less often.
Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category
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Website (eeo.com). (February 27, 2020). Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/
Website (eeo.com). "Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category." Chart. February 27, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/
Website (eeo.com). (2020). Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/
Website (eeo.com). "Share of Chinese Respondents Spending Less on Items after The Coronavirus Covid-19 Outbreak as of February, 2020, by Selected Category." Statista, Statista Inc., 27 Feb 2020, https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/
Website (eeo.com), Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category Statista, https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/ (last visited December 22, 2024)
Share of Chinese respondents spending less on items after the coronavirus COVID-19 outbreak as of February, 2020, by selected category [Graph], Website (eeo.com), February 27, 2020. [Online]. Available: https://www.statista.com/statistics/1103910/china-consumer-preferences-after-the-coronavirus-covid-19-outbreak-by-product-category/