Chinese consumer confidence continues to rise to its highest level since 07

BCC network Beijing, May 6 (reporter Shen Yubio) China's economic Boom Monitoring Center and Nielsen Inc. jointly released a new survey of Chinese consumer confidence in the first quarter of 2010, which showed rising consumer confidence and a 4% rise in consumer confidence in the last quarter,　　Reached its highest level since 2007. China's consumer confidence survey in the first quarter of 2010 showed a sustained increase in confidence in Chinese consumers this quarter, and has rebounded to levels before the international financial crisis. The survey, conducted jointly by the China Economic Prosperity Monitoring Center of the National Bureau of Statistics and Nielsen, is the largest in similar research, covering 3,500 consumers in cities, towns and villages across China. The survey found that China's consumer confidence index rose 19% in the past 12 months, and the poll reached 108.　　The sharp rise in sentiment this season stems largely from a sharp increase in consumer expectations for jobs and personal income, especially in central and rural areas. In central and rural areas, consumers and low-income groups in the most visible consumer confidence in the region, central China's consumers in the next month in 2010 than other regions showed higher optimism, its confidence index reached 111, compared to 2009 four quarter 11 points. The eastern region's consumer confidence index also reached 111, raising 3 points. The consumer confidence index in the northeast and western regions remained stable, at 104 and 101 respectively.　　The Yangtze River delta, the Pearl River Delta and the Beijing-Tianjin-Hebei region are the three major economic circles, the Beijing-Tianjin-Hebei region's consumer confidence index has risen by 7 points to 114, surpassing the Yangtze River delta as the region with the strongest consumer confidence in the three major economic circles; the Pearl River Delta consumer confidence index rose 6 to 111 points, close to the Yangtze River Delta 112 point level. In urban and rural areas, the difference of consumer confidence in different levels of cities is narrowing. The rural consumer confidence has improved markedly, and the promotion amplitude is higher than the city. Among them, the second-line, three-tier city consumer confidence to maintain an upward trend, the index is 105 and 105, respectively, 4 points and 2 points in the four-quarter, the first and four lines of urban consumer confidence is roughly the same as the previous quarter, maintaining a relatively high level (the index is 106 and 107　　The consumer index in rural areas rose strongly, to a peak of 111, to 8 points. With the economic recovery and the construction of Government's people's livelihood projects, the economic situation of low-income families tends to improve.　　The results showed that the consumer confidence index for the first quarter was 102, reaching a relatively satisfactory level, up 12 points from the four quarter of 2009, significantly faster than the high and middle income level consumers. The employment situation is good, the personal economic situation improves the consumer's satisfaction to the local employment prospects. 71% of consumers think the job market will be "good" or "very good" over the next 12 months, up 9% from the previous quarter. Among them, the middle area consumer's employment confidence promotion is especially obvious, near to the consumer optimistic about its future employment situation, the promotion 17%. Consumers continue to be bullish on personal economic conditions. 67% of consumers say their personal finances will be "good" or "very good" for the next 12 months. Among them, consumers in the eastern and central regions are expected to have the largest proportion of optimism, and the largest in the western region.　　Consumers in rural areas are expected to improve their personal economic situation significantly more than urban consumers. The biggest concern of Chinese consumers: income and health Chinese consumers are most concerned about the same problem as the previous round of consumer confidence surveys, where income issues remain the top priority, followed by health and child education. In addition, consumer concerns about health care and rising housing prices have increased markedly, with the choice of proportion rising from 9th and 8th places in the four quarter of 2009 to 5th and 6th respectively.