According to a survey conducted in China in 2022, 86 percent of later-born millennials (aged 26 to 33 years) reckoned that they will be better off in the coming year. Generation Z was less positive towards their financial condition due to fierce competition in the job market and higher unemployment rate.
Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation
The survey was conducted among:
13 percent aged 18 to 25 years (Generation Z), 18 percent aged 26 to 33 years (later-born Millennials), 19 percent aged 34 to 41 years (earlier-born Millennials), 37 percent aged 42 to 57 years (Generation X), 12 percent aged above 58 years (Baby Boomers).
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199IT. (January 5, 2023). Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/
199IT. "Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation." Chart. January 5, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/
199IT. (2023). Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/
199IT. "Distribution of Consumers Who Think Their Financial Situation Will Be Improved in The following Year in China as of July 2022, by Generation." Statista, Statista Inc., 5 Jan 2023, https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/
199IT, Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation Statista, https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/ (last visited November 19, 2024)
Distribution of consumers who think their financial situation will be improved in the following year in China as of July 2022, by generation [Graph], 199IT, January 5, 2023. [Online]. Available: https://www.statista.com/statistics/1366320/china-share-of-consumers-who-think-they-will-be-better-off-by-generation/
