Incomes among these high-speed households is set to rise, which the consultancy company believes will only help increase the sense of optimism that is already present within China’s consumer class and increasing overall spending. According to a survey by BCG (BCG), “high-speed” households in China are helping to bolster consumer spending over monthly . This demographic is set to generate 5.6trn of the $ approximately $3.8trn in total urban consumption.
According to a survey by BCG (BCG), “high-speed” households in China are helping to bolster consumer spending over monthly . This demographic is set to generate 5.6trn of the $ approximately $3.8trn in total urban consumption.