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Beijing residents' consumption structure continuously upgrading
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14:49, August 31, 2009

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The consumption structure of Beijing residents has changed significantly. At present, the Engel's coefficient stands at 33.8 percent for Beijing’s urban residents and 34.3 percent for Beijing’s rural residents, which is close to the level of developed countries. The durable consumer goods owned by residential households are being gradually upgraded and cars are commonplace for ordinary households.

The consumption structure of Beijing’s residents has changed from the old three major articles of bicycles, watches and sewing machines to the new three major articles of refrigerators, washing machines and TV sets, said Yu Xiuqin, deputy director of the Beijing Municipal Bureau of Statistics. Nowadays people’s requirements for housing, travel, communication, leisure, entertainment, culture and education have become higher.

By People's Daily Online

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