Consumer Spending

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Domestic cardholder consumer confidence shocks rise

China UnionPay and Xinhua News agency yesterday jointly released the two quarterly "Xinhua UnionPay" Bank of China Card consumer confidence index ("BCCI") showed that this year, domestic consumer confidence has stabilized, although there are small shocks but still in the normal range of fluctuations. Research shows that this year's two quarter of BCCI is 85.58, although compared with 86.95 in the first quarter of this year showed a slight shock, but higher than the financial crisis in the third quarter of last year when the overall outbreak of 85.31, from the first quarter of last year, the overall performance of the index is moving upward trend, indicating that

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