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China in 70 years: The dramatic changes of the Chinese consumption

By He Zhuoyan (People's Daily Online)    14:58, May 24, 2019

With the substantial increase in income levels, urban and rural residents have moved from necessary food consumption to entertainment and developmental consumption.

The Engel coefficient has therefore fallen sharply, as the level and structure of consumption continually improves. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)
(Web editor: He Zhuoyan, Bianji)

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