China’s financial center Shanghai has demonstrated the strongest consumption power in the first quarter this year, according to Sina Finance.
With 10,410 yuan ($1,470.95) per capita consumption expenditure, Shanghai took the crown on the list of China’s 31 provinces and regions in per capita consumption expenditure in Q1, according to the National Bureau of Statistics.
The capital city, Beijing, and East China’s Zhejiang province took second and third places on the list with 10,003 yuan and 7,891 yuan per capita consumption expenditure, respectively.
National residents’ per capita consumption expenditure reached 5,082 yuan, with tobacco and alcohol, housing, transportation and communications ranked as the top three consumption categories, accounting for 33.6 percent, 24.4 percent and 11.9 percent, respectively.
Nine provinces and regions’ per capita consumption expenditure surpassed that of the national level in the first quarter of this year, according to the National Bureau of Statistics.
Let’s take a look at the top 10 Chinese cities with the strongest consumption power in Q1.
People get their body temperature scanned before shopping in Shenyang, Northeast China’s Liaoning province, on March 11, 2020. [Photo/Xinhua]
Villagers sell products online in Loudi city, Central China’s Hunan province, on April 22, 2020. [Photo/Xinhua]
A bird’s eye view is seen of Chaotianmen in Chongqing, Aug 31, 2019. [Photo/Sipa]
A picture taken on April 18, 2020 shows the ancient village of Chenqiao, Zhouning county in Southeast China’s Fujian province. [Photo/Xinhua]
A person rides an electric bike on a rainy day in Suzhou, East China’s Jiangsu province, Nov 27, 2019. [Photo/Sipa]
The city seems to glow in this night view of Shenzhen, South China’s Guangdong province, in 2018. [Photo/Sipa]
Tianjin’s giant Ferris wheel, nicknamed “Tianjin Eye”, is 110 meters in diameter and is equipped with 48 passenger capsules, seen here on Dec 30, 2019. [Photo/Xinhua]
Employees work at the AliExpress office at Alibaba company’s headquarters in Hangzhou, East China’s Zhejiang province, Nov 18, 2019. [Photo/Agencies]
A photo shows a night view of the CBD area in downtown Beijing, capital of China. [Photo/Sipa]
High-rise buildings are seen in Shanghai. [Photo/Sipa]
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