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Top 10 regions in China with highest consumer spending in H1 2021 chinadaily.com.cn | Updated: 2021-07-21 06:40 Share CLOSE
Chinese per capita nominal consumer spending grew 18 percent to 11,471 yuan ($1,769) on a yearly basis in the first half of the year, according to the latest data released by the National Bureau of Statistics. After deducting price factors, spending increased 17.4 percent year-on-year.
Shanghai and Beijing have led per capita consumer spending nationwide in the first half of the year at 23,644 yuan and 21,564 yuan, respectively.
Besides the two cities, seven other provinces and municipalities have all registered higher consumer spending than the national average.
The content below was translated by Tencent automatically for reference.
By the end of the afternoon of July 20, some varieties in the domestic commodity futures market had fallen sharply. Rubber, low-sulfur fuel, styrene and beans fell by more than 5%; rubber, low-sulfur fuel, styrene and beans fell by more than 4%; pulp, fuel and PTA fell by more than 3%; asphalt, Shanghai nickel, LPG, Shanghai silver, red dates, glass and apples fell by more than 2%; coke and coking coal rose by more than 2%; and thermal coal, eggs and PP rose by more than 1%.
With worries, crude oil futures continue to decline.
Over the weekend (July 18), OPEC + issued an official statement saying that the major oil-producing countries had reached a preliminary agreement. Analysts believe that although this move avoids the collapse of the production reduction alliance, because a number of oil-producing countries have increased their total production baseline to 1.63 million barrels per day, which is more than