A Sandro store in Beijing.Most new high-income earners were predicted to emerge in interior provincial capitals, according to the Economist Intelligence Unit. Photo: AFP

China’s middle class to rise to more than third of population by 2030, research firm says

Consumer spending expected to reach level currently seen in European Union, according to Economist Intelligence Unit

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A Sandro store in Beijing.Most new high-income earners were predicted to emerge in interior provincial capitals, according to the Economist Intelligence Unit. Photo: AFP
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