To Stimulate Consumption, One Must Understand the Needs of the Middle Income Consumers
ANBOUND
China's economic structure has changed during the course of economic downturn.
ANBOUND Consulting suggests that there is no dispute that China has switched from an investment society towards a consumption society.
As the middle income group in China continues to grow, consumption will become the major driving force in China’s economy.
In order to stimulate consumption, it is crucial that one must understand the needs of the middle income consumers.