In 2017, food accounted for around a quarter of the urban household annual expenditure in China. According to 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.
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)
