China's National Bureau of Statistics says there is still room for improvement in residents' purchasing power and willingness to spend

Fu Linghui, spokesman for the National Bureau of Statistics, said that the consumption of cultural tourism, consumption of Internet celebrities, and consumption of live streaming products have become relatively hot, which has become a new bright spot in the recovery of consumption.

At present, consumption recovery is still in its infancy, and there is still room for improvement in residents' purchasing power and willingness to spend.

As the economy improves, employment increases, and the consumption environment improves, China's consumption growth momentum is expected to continue to strengthen.

From a medium to long-term perspective, the trend of China's consumption scale expansion continues to emerge, and the driving force for consumption upgrades is still increasing, all of which will continue to drive consumption.

With the advancement of China's urbanization, the rural consumer market has great potential, which means that there is huge room for China's future consumption growth.