According to a 2021 survey on Chinese consumers' willingness to pay a premium for convenience, 76 percent of the respondents earning 30,000 yuan or above indicated that they would pay a premium to save time. On the other hand, 53 percent of the respondents earning less than 8,000 yuan indicated they would rather spend more time than spend more money on a premium.
Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income
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Accenture. (March 28, 2022). Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/
Accenture. "Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income." Chart. March 28, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/
Accenture. (2022). Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income. Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/
Accenture. "Willingness of Chinese Consumers to Pay a Premium in Order to save Time in China as of June 2021, by Income." Statista, Statista Inc., 28 Mar 2022, https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/
Accenture, Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income Statista, https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/ (last visited January 05, 2025)
Willingness of Chinese consumers to pay a premium in order to save time in China as of June 2021, by income [Graph], Accenture, March 28, 2022. [Online]. Available: https://www.statista.com/statistics/1316965/china-consumer-willingness-to-pay-to-save-time-by-income/
