McKinsey data analysis, urban Chinese consumers have been increasing their expenditure share on products and services other than food, especially on housing/utilities and transportation and communication services or goods.
In 2017, food accounted for around a quarter of the urban household annual expenditure in China. According to Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services
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McKinsey. (July 1, 2019). Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/1038069/china-urban-household-spending-share-by-product-type/
McKinsey. "Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services." Chart. July 1, 2019. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/1038069/china-urban-household-spending-share-by-product-type/
McKinsey. (2019). Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services. Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/1038069/china-urban-household-spending-share-by-product-type/
McKinsey. "Annual Expenditure Distribution of Urban Households in China from 1990 to 2017, by Type of Goods or Services." Statista, Statista Inc., 1 Jul 2019, https://www.statista.com/statistics/1038069/china-urban-household-spending-share-by-product-type/
McKinsey, Annual expenditure distribution of urban households in China from 1990 to 2017, by type of goods or services Statista, https://www.statista.com/statistics/1038069/china-urban-household-spending-share-by-product-type/ (last visited August 08, 2022)