Imagine a nation evolving from ration coupons to midnight snack deliveries 🥡—that’s China’s consumer journey over 75 years! What started as a post-1949 struggle for basic necessities has exploded into a US$3,820 annual spending spree per person in 2023. 💸 That’s 536 times more than 75 years ago!
🔍 The Breakdown: From ‘barely enough rice’ to avocado toast trends, China’s consumption boom mirrors its economic rise. While 1949 saw families prioritizing food (over 60% of budgets!), today’s youth are splurging on tech, travel, and TikTok-worthy experiences. 📱✈️
🌾→🍣: Diets transformed too—once-rare luxuries like seafood now crowd dinner tables. Urbanites spend nearly 30% of incomes on upgrading lifestyles, while rural areas embrace e-commerce hauls. 🚚
🎥 Psst! Animated shorts from CGTN’s China By Numbers series break down this glow-up with nostalgic visuals and punchy stats. Think black-white TVs → neon-lit livestream shopping eras!
💡 Why It Matters: This isn’t just about bigger wallets—it’s a window into Asia’s rising middle class, global market shifts, and how Gen-Z’s spending habits could shape tomorrow’s economy. 🧠🌏
Reference(s):
China's 75 years of consumer spending showcases growth of affluence
cgtn.com