Chinese Consumer Sentiment Shows Signs of Improvement, Surveys Reveal

**China’s consumer sentiment is starting to improve, surveys show**.

**Key Points:**.

* Consumer confidence in China has been improving in recent months, according to several surveys..

* The improvement is being attributed to a number of factors, including the government’s economic stimulus measures, the easing of Covid-19 restrictions, and rising incomes..

* However, consumer confidence is still below pre-pandemic levels and remains fragile..

**Details:**.

A survey by the China Center for International Economic Exchanges (CCIEE) found that the consumer confidence index (CCI) rose to 107.2 in June, up from 104.2 in May. This is the highest level since February 2022..

Another survey by the National Bureau of Statistics (NBS) found that the consumer confidence index (CCI) rose to 99.6 in June, up from 98.7 in May. This is the highest level since January 2022..

The improvement in consumer confidence is being attributed to a number of factors. The government has implemented a number of economic stimulus measures, such as tax cuts and infrastructure spending, which have helped to boost economic growth. The easing of Covid-19 restrictions has also helped to improve consumer sentiment. Rising incomes are also contributing to the improvement in consumer confidence..

However, consumer confidence is still below pre-pandemic levels and remains fragile. The ongoing Covid-19 pandemic and the global economic slowdown pose risks to consumer spending..

**Conclusion:**.

The improvement in consumer confidence in China is a positive sign for the economy. However, consumer confidence is still below pre-pandemic levels and remains fragile. The government will need to continue to implement supportive policies to help sustain the recovery in consumer spending..

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