No More Tiers: Navigating the Future of Consumer Demand across China's Cities
November 2015 | Key Business Issues
Companies will need rich data to enable them to scan China's landscape properly, understand current and future consumption patterns, and weigh the risks and opportunities. Two new, complementary frameworks detailed in this report will help companies plan their investment strategies.
- City Strata This replaces the tier system with a richer portrait of urban China and provides a finer segmentation of the market. It includes an analysis of 200 variables in 286 prefecture-level cities that are home to 1.3 billion of China's almost 1.4 billion population. The 11 city strata are identified and ranked in terms of their consumption prospects.
- Connected Spenders This helps companies home in on the consumers within each stratum who are most likely to drive spending growth over the next decade.