Chinese consumer confidence is rising despite reports of a rapid economic downturn , turbulent stock markets and slowing retail sales growth in recent years . According to the Westpack ##er ##g Consumer Sentiment Index , consumer confidence is now at a peak compared with May 2014 . The Chinese government ’s recent decision to increase infrastructure spending , the declining interest in luxury goods , and the growing popularity of e - commerce has created a thriving start - up culture , focusing mainly on the under 25s demographic . Chinese auth­orities have recently decided to step up infrastructure spending again, in the latest attempt to boost and realign the economy. Widespread rise in prices is currently boosting consumer activity , with the most appealing consumer good reportedly being education , particularly private tuition .
Chinese consumer confidence is rising despite reports of a rapid economic downturn , turbulent stock markets and slowing retail sales growth in recent years . According to the Westpack ##er ##g Consumer Sentiment Index , consumer confidence is now at a peak compared with May 2014 . The Chinese government ’s recent decision to increase infrastructure spending , the declining interest in luxury goods , and the growing popularity of e - commerce has created a thriving start - up culture , focusing mainly on the under 25s demographic . Widespread rise in prices is currently boosting consumer activity , with the most appealing consumer good reportedly being education , particularly private tuition .