|
|
Article: Consumer Revolution Underway in China as Dramatic Shift in Values Creates New Middle Class Mindset.
- Article from:
- PR Newswire
- Article date:
- May 7, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
- Chinese Individuals Striving for Wealth and Power According to GfK Custom Research Global Study -
NEW YORK, May 7 /PRNewswire/ -- GfK Custom Research North America and sister company GfK Custom Research China today announced highlights of a recent global study indicating a mindset revolution is currently underway among Chinese consumers. The results suggest that this shift, led by the country's growing middle class, is altering purchase behavior in China.
"With a population of 1.3 billion and a burgeoning middle class consumer group that Goldman Sachs projects will reach 520 million by 2025, the Chinese market is shaping up to be the greatest growth ...