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Six out of the top ten largest cities for household spending in 2014 are located in China. The country’s rising income levels are creating ideal conditions for spending, and businesses in these cities are likely to find growing opportunities for sales in sectors such as communication, education and health services. The top 10 cities for household spending will see their average spend expand by 5 to 10 percent in 2014, compared to a worldwide expansion of just 1.2 percent.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.
By Euromonitor International5
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Six out of the top ten largest cities for household spending in 2014 are located in China. The country’s rising income levels are creating ideal conditions for spending, and businesses in these cities are likely to find growing opportunities for sales in sectors such as communication, education and health services. The top 10 cities for household spending will see their average spend expand by 5 to 10 percent in 2014, compared to a worldwide expansion of just 1.2 percent.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.