Chinese consumer confidence remained high in the second quarter, thanks to average wage increases and a reduced consumer price index, Nielsen said on Monday.
 

The consulting firm said the confidence index stood at 111, marking the third consecutive quarter at this level and one point higher than a year earlier.
 

China's GDP growth also edged up in the second quarter to 7.5 percent from a year earlier, slightly higher than the first quarter's 7.4 percent, data from the National Bureau of Statistics showed on Wednesday. And HSBC Holdings Plc on Monday upgraded its forecast for the country's economic growth to 7.5 percent from 7.4 percent, saying recovery has been stronger than expected. 

Name

Email

Title

Comment

smaller | bigger

Subscribe via email (Registered users only)

I have read and agree to the Terms of Usage.

Write the displayed characters

Add Comment