According to a survey in February 2023, approximately 88 percent of respondents planned to spend between 10,000 to 20,000 yuan on luxury goods. Only 0.39 percent of respondents planned on spending more than one million yuan on luxury goods.
Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023
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China Business Network. (February 25, 2023). Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023 [Graph]. In Statista. Retrieved January 07, 2025, from https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/
China Business Network. "Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023." Chart. February 25, 2023. Statista. Accessed January 07, 2025. https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/
China Business Network. (2023). Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023. Statista. Statista Inc.. Accessed: January 07, 2025. https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/
China Business Network. "Distribution of Budget for Purchasing Luxury Goods after Zero-covid Policy in China as of February 2023." Statista, Statista Inc., 25 Feb 2023, https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/
China Business Network, Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023 Statista, https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/ (last visited January 07, 2025)
Distribution of budget for purchasing luxury goods after Zero-Covid policy in China as of February 2023 [Graph], China Business Network, February 25, 2023. [Online]. Available: https://www.statista.com/statistics/1375042/china-budget-for-luxury-goods-post-covid/
