According to a survey on luxury consumption in China in 2022, high-spending luxury consumers (with an annual expenditure of at least 300,000 yuan) spent, on average, 530,000 yuan on luxury goods in the past year. On the contrary, low-spending luxury consumers in China spent around 26,000 yuan annually on luxury goods in 2022.
Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level
(in 1,000 yuan)
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100ec.cn. (December 26, 2022). Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level (in 1,000 yuan) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/
100ec.cn. "Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level (in 1,000 yuan)." Chart. December 26, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/
100ec.cn. (2022). Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level (in 1,000 yuan). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/
100ec.cn. "Per Capita Annual Expenditure on Luxury Goods among Luxury Consumers in China as of September 2022, by Consumer's Spending Level (in 1,000 Yuan)." Statista, Statista Inc., 26 Dec 2022, https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/
100ec.cn, Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level (in 1,000 yuan) Statista, https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/ (last visited October 31, 2024)
Per capita annual expenditure on luxury goods among luxury consumers in China as of September 2022, by consumer's spending level (in 1,000 yuan) [Graph], 100ec.cn, December 26, 2022. [Online]. Available: https://www.statista.com/statistics/1393447/china-average-annual-spending-on-luxury-goods-by-consumption-level/