Nielsen says Chinese consumer confidence in two years high Hong Kong crowns global

China News agency, Beijing, October 28--Nielsen released a consumer confidence survey here 28th, saying Chinese consumer confidence reached its highest level since 2007 in the third quarter, up from 95 in the second quarter to 101 points. Compared with the third quarter, the biggest increase in global consumer confidence was in the Hong Kong region of China, with an increase of 14, followed by South Korea and Brazil.　　Ma Yi, President of the Nielsen Company's Greater China region, Mitch that consumers feel the recession is nearing the end of the global spectrum. This is the result of Nielsen's survey of 54 countries and regions around the world. In China, more than 3,400 consumers have been surveyed in China's urban and rural areas.　　The report also notes that China's consumer confidence index has increased sharply, stemming from rising consumer earnings expectations and job confidence, but remains cautious about spending will. The National Bureau of Statistics China Economic Prosperity Monitoring Center Director Xu Tiefe and deputy director Pan Jiancheng chaired the "consumer demand and consumption structure Upgrade" seminar.　　They said that the Chinese market in the first three quarters of total retail sales of nearly 9 trillion yuan, 17%, the steady and rapid sales growth, and Nielsen survey basically consistent. China's Ministry of Commerce officials Wang bin on the year to expand the effectiveness of domestic demand and policy orientations were elaborated. He summed up in three words: the rebound momentum is good, facing difficulties, and further expand the consumption space. In his view, China's consumption-driven economy is more stable this year, thanks to the Government's policy of expanding domestic demand, including home appliances to the countryside, cars to replace new and so on.　　Next year China's consumer market will continue to be dominated by a steady pick-up, with total social retail growth in the 16% range. Scholars Li Xiaosi, Zhou Tianyong and other comments, the policy of expanding domestic demand effective, but also limited, the key is to improve people's income. The progress of urbanization will be a strong support for the improvement of consumption level.