China’s Engel’s coefficient close to UN well-off line

China’s Engel’s coefficient, which measures food expenditure as a proportion of total household spending, has approached the well-off line set by the UN, and such changes have even benefited the European market. China’s Engel’s coefficient in 2016 stood at 30.1%, close to the well-off line of 20 to 30 percent set by the UN, said […]

20 October , 2017Comments Off on China’s Engel’s coefficient close to UN well-off lineRead More