Shift in household income, spending and savings due to COVID-19 in China 2021

Published by C. Textor, May 22, 2024
According to a survey conducted by McKinsey, the largest share of respondents, 63 and 66 percent, did not experience a change in household income and savings in October 2021. About 19 percent of the respondents claimed to have less household spending than before.

Coronavirus COVID-19 impact on household income, spending and savings in the past two weeks in China from October 15 to 22, 2021

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Release date

December 2021

Region

China

Survey time period

October 15 to 22, 2021

Number of respondents

1,187 respondents

Special properties

among consumers

Method of interview

Online survey

Supplementary notes

Original question: How has the COVID-19 situation affected your (family's) overall available income, spending, and savings in the past two weeks.

Figures may not sum to 100% because of rounding.

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