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No More Tiers: Navigating the Future of Consumer Demand across China's Cities
One of the most significant questions for global business leaders over the next decade is how to capture Chinese consumption growth against a backdrop of deep structural challenges in China's economy. Presenting two new, complementary frameworks, this report can help companies develop a roadmap for the path ahead.
- City Strata Replacing the tier system with a finer segmentation of the consumer market, 11 city strata are identified and ranked, based on an analysis of 200 variables.
- Connected Spenders Identifies the consumers within each stratum who are most likely to drive spending growth over the next decade.
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