According to a survey about luxury consumption in China between April 2022 and April 2023, only 11 percent of Chinese respondents spent more than 300,000 yuan on luxury goods a year. In comparison, about 36 percent of Chinese luxury goods consumers spent less than 50,000 yuan on luxury goods a year.
Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods
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Sohu. (July 31, 2023). Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. "Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods." Chart. July 31, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. (2023). Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu. "Distribution of Luxury Consumers in China as of April 2023, by Annual Spending on Luxury Goods." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
Sohu, Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods Statista, https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/ (last visited November 19, 2024)
Distribution of luxury consumers in China as of April 2023, by annual spending on luxury goods [Graph], Sohu, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1276309/china-share-of-online-luxury-consumers-by-buying-power/
