Migrant Remittances

Rural wealth creation stays strong in December

Strong land transfers, rising pig prices and plentiful credit to rural enterprises creates a robust picture, which looks set to continue.

Rural wealth recovers in November

Economic activity in the countryside picked up slightly in November helped by a rebound in pork prices.

Outsourcing farming to the Americas

In spite of domestic food security targets, China is likely to become a major importer of maize.

Rural wealth strengthens in August from July

Minivan sales growth, while still negative, recovered in August due to aggressive marketing and the recent harvest is expected to be relatively robust.

Rural wealth creation ebbs somewhat in July from June

Profitability of raising pigs declines to some extent, but rural credit growth is strong along with large tractor sales as farms gain scale.

Rural migrant workers – buying domestic brands

Migrant workers are seeing strong wage increases this year, creating sales impetus for the emerging domestic brand electronics, clothing and cosmetics that they buy.

Rural discretionary consumer family – emerging from subsistence

Often regarded as economically inert, rural areas are flourishing and the beneficiaries include an estimated 100m new discretionary rural consumers.

A new consumer cohort

Extensive China Confidential interviews across rural China shed light on the growing band of 'discretionary rural consumers'.

Farmers do better than urban 'mortgage slaves'

This year, Beijing will continue to push preferential policies for farmers while trying to stabilise property prices in major cities.

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