MNI BRIEF: China Consumer Satisfaction Up
MNI (BEIJING) - China’s Consumer Satisfaction Evaluation Report reached 80.36 points in 2024, up 0.44 points from the previous year, according to the China Consumers' Association on Thursday.
Eastern, central and western regions reached 83.70, 78.02 and 76.78, rising 0.29%, 1.26% and 0.67% y/y.
Looking ahead, the association said authorities should increase the intensity and scope of consumer subsidies and encourage green and innovative consumption.
The report covers customer sentiment across 100 large- and medium-sized cities, on factors including consumer-related infrastructure, logistics, transaction security and rights enforcement.
China’s low levels of CPI provides ample room for additional fiscal and monetary stimulus, a senior policy advisor told MNI. (See MNI INTERVIEW: Low Inflation Gives Room For More China Easing)