The China Confidential Rural Wealth Index rose to 54.4 in November, up from 53.4 in October, as pork prices recovered and rural machinery sales were strong.
Rural Consumption
Slowing remittances, tractor sales challenge rural sector
Declining tractor sales, weak vehicle sales and a slowdown in migrant worker remittances dragged the China Confidential Rural Wealth Index down 1.4pp in July
Special report: Retail revolution galvanizes grassroots China
A growing legion of increasingly sophisticated consumers in China's booming county cities and townships looks set to drive Chinese consumption growth in the coming years, according to China Confidential's survey of 386 residents in 11 counties across the country.
Special report: County shoppers, city tastes
Our survey of 386 county and township consumers reveals the increasing sophistication of China’s county-level consumers, whose spending habits and shopping choices increasingly resemble those of their counterparts in larger cities.
Special report: China’s county commercial revolution
A string of ambitious commercial developments in county cities and towns across China is transforming consumer behavior at the intersection of city and countryside
Special report: Zhangjiawa – a tale of two towns
Like many Chinese towns, Zhangjiawa, a small town in the eastern province of Shandong, is divided into two parts.
Special report: Yongxing – returnees fuel rapid growth
Shops and apartments are springing up across Yongxing, Hunan province, to serve a growing urban population
Special report: Tongxiang – high-speed development
The advent of the Shanghai-Hangzhou high-speed railway has seen an influx of retailers, developers and speculators into Tongxiang, an already-wealthy textile-manufacturing base.
Qingdao Haier – Moving downstream for growth
Strong growth of its downstream distribution business should enable Qingdao Haier to consolidate its leadership of China’s white-goods market
Bosch-Siemens – The wealthy urbanite’s brand of choice
Siemens’ advanced technology should ensure that its products qualify for the government’s upcoming energy-saving subsidy package
RENMINBI COMPASS
Renminbi Compass reflects key changes in the renminbi-denominated investment environment.
Providing research coverage on asset classes as diverse as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art and antiques, as well as its traditional equity fund research.
Renminbi Compass provides orientation for investors navigating the expanding universe of renminbi asset classes.
