China Per Capita Consumption Expenditure Growth in 2023

Citizens shop at a supermarket in Yichang, Hubei province, China, March 1, 2024. On February 29, the website of the National Bureau of Statistics released the Statistical bulletin of 2023 National economic and social development, showing that the per capita consumption expenditure of the national residents in 2023 was 26,796 yuan, an increase of 9.2% over the previous year, and a real increase of 9.0% after deducting price factors.