According to the Global Consumer Insights Survey 2023, more than half of the respondents in mainland China and Hong Kong said they were holding back on non-essential spending, accounting for 51 percent of the total respondents. Only seven percent of the respondents were continuing to spend as they wished.
Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023
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PwC. (August 30, 2023). Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/
PwC. "Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023." Chart. August 30, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/
PwC. (2023). Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/
PwC. "Attitudes towards Non-essential Spending of Consumers in Mainland China and Hong Kong in 2023." Statista, Statista Inc., 30 Aug 2023, https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/
PwC, Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023 Statista, https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/ (last visited December 22, 2024)
Attitudes towards non-essential spending of consumers in mainland China and Hong Kong in 2023 [Graph], PwC, August 30, 2023. [Online]. Available: https://www.statista.com/statistics/1440303/greater-china-non-essential-spending-attitudes/