China last year saw the majority of its total consumption expenditure were spent on basic needs.
Euromonitor International looked into where the money went, and the market research and data analysis company found more than a quarter of Chinese total consumption expenditure were on food and beverages.
Here are the top 10 categories:
10
Recreation and culture
Shares: 2.1 percent
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Tourists walk through a winding corridor at the newly-opened International Grape Exhibition Garden in Yanqing county, Beijing, July 25, 2014. The garden, an important site for the 11th International Conference on Grapevine Breeding and Genetics in Yanqing, opened on July 25. [Photo/Xinhua]
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