The number of families with disposable monthly income of more than 12,000 yuan in China is expected to hit 100 million by 2020. Photo: Xinhua

China’s consumers move into ‘middle lane’ as economy slows

About three-quarters of mainlanders surveyed by Boston Consulting Group say they plan to either maintain or increase spending levels, down slightly from least year

Topic |   Consumers

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The number of families with disposable monthly income of more than 12,000 yuan in China is expected to hit 100 million by 2020. Photo: Xinhua
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