The report defines “high-speed” households as middle- to upper-middle-class families, whose average monthly income surpasses 12,000 RMB ($1,900). According to a survey by The Boston Economics Group ( 2015 ) , “ high - income ” households in China are helping to bolster urban demand over the next five years . This demographic is set to generate approximately $ 3.8trn of the $ 1 in total urban consumption .
According to a survey by The Boston Economics Group ( 2015 ) , “ high - income ” households in China are helping to bolster urban demand over the next five years . This demographic is set to generate approximately $ 3.8trn of the $ 1 in total urban consumption .