China’s Consumer Revolution

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China’s Consumer Revolution

The Emerging Patterns of Wealth and Expenditure

9781858987606 Edward Elgar Publishing
Yanrui Wu, Professor in Economics, University of Western Australia, Australia
Publication Date: 1999 ISBN: 978 1 85898 760 6 Extent: 168 pp
China’s rapid economic growth has attracted much international attention in recent years, partly due to the potential purchasing power of the largest population in the world. This timely book examines general patterns of Chinese household demand for a variety of consumer goods such as food, durables, housing and health care and investigates the impact of economic and social factors on household consumption.

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Contents
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China’s rapid economic growth has attracted much international attention in recent years, partly due to the potential purchasing power of the largest population in the world. This timely book examines general patterns of Chinese household demand for a variety of consumer goods such as food, durables, housing and health care and investigates the impact of economic and social factors on household consumption.

China’s Consumer Revolution focuses on comparisons between different consumer groups, such as rural versus urban and rich versus poor. Special attention is given to the impact of the newly affluent consumers, the so-called ‘new rich’. This book also compares China with other countries in terms of household demand for consumer goods and sheds light on the prospects for international trade in this area. Drawing upon newly released household surveys, this book is the first of its kind and it will be of interest to both academic researchers and business advisors.
Critical Acclaim
‘The structure of the book is clear and straightforward. . . business people, economists and other social scientists may find this book a useful source of data related to China’s changing economic situation.’
– Jamie Paquin, China Information

‘China’s Consumer Revolution is an important book and a stimulating, scholarly contribution to the unfolding, for better or worse, of the Chinese economy. It should be required reading for students of contemporary China and a highly recommended reference for students of business, economics and social sciences generally. Not least, it should be on the reading list of politicians, officials and business people, both in New Zealand and globally, who need to gain some understanding of what is happening in what is fast becoming the world’s largest market.’
– Tim Beal, New Zealand Journal of Asian Studies

‘The achievement of this book is that it reaches the goal it has set itself. To demonstrate that China is, potentially the world’s largest consumer market.’
– Iain Robertson, Asia Pacific Business Review

‘Recommended for those who want to understand Chinese markets, and for students of China and development.’
– C.A. Haulman, Choice
Contents
Contents: Preface 1. Introduction 2. Emerging Patterns of Wealth and Expenditure 3. Food Consumption in Urban Households 4. Food Consumption in Rural Households 5. Grain Consumption and the Effects of Urbanisation 6. Alcohol Consumption and its Implications for the Grain Sector 7. Demand and Prospects of Consumer Durables 8. Health–care Demand and Reforms 9. Housing Demand and Reforms 10. Conclusions Bibliography Index
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