Shenzhen: An outlier in spending habits
Shenzhen, despite having among the highest per capita incomes in China, and the third-highest disposable income per capita has significantly lower consumer spending than other first-tier cities.
In 2017, Shenzhen's per capita disposable income rose to 27,505 yuan (US$4,232); this is second only to Shanghai and Beijing among all Chinese cities, and nearly 10,000 yuan higher than the corresponding figure in Guangzhou. Yet, its per capita consumer spend...
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