According to a survey among Chinese consumers in July 2021, 94 percent of respondents from China's fourth- and fifth-tier cities believed it is not good to live paycheck to paycheck, slightly higher than those in larger cities. Among surveyed first-tier city residents, eight percent of respondents thought that there was nothing wrong with having no savings.
Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier
Characteristic
I think it's not good to be living paycheck to paycheck
I think there is nothing wrong with living paycheck to paycheck
Original question: Which of the following best describes your style of consumption? (Single choice)
The population ratio of respondents from tier-3, tier-4, and tier-5 cities is 2:4:4.
The survey is conducted among 50 percent male and 50 percent female respondents.
10 percent of the respondents were between 18 and 25 years old, 25 percent were between 26 and 30, 30 percent between 31 and 35, 20 percent between 36 and 40, 10 percent between 41 and 45, and five percent aged 46 years or older.
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Accenture. (April 11, 2022). Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/
Accenture. "Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier." Chart. April 11, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/
Accenture. (2022). Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier. Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/
Accenture. "Share of Consumers Who Accepted Living Paycheck to Paycheck in China as of July 2021, by City Tier." Statista, Statista Inc., 11 Apr 2022, https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/
Accenture, Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier Statista, https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/ (last visited January 05, 2025)
Share of consumers who accepted living paycheck to paycheck in China as of July 2021, by city tier [Graph], Accenture, April 11, 2022. [Online]. Available: https://www.statista.com/statistics/1315867/china-attitude-towards-living-paycheck-to-paycheck/
