Consumer spending as a proportion of GDP:
- 33% in 2010. GDP total was $6.05 trillion (Xinhua)
- 37.7% in 2011. GDP total was $7.26 trillion (China Daily, Trading Economics)
- 55% in 2012.* GDP total was $8.28 trillion (China Daily, Financial Times)
*The 2012 number is debatable as some sources measure it as low as 35% yet others at 55% and even 65%. See China’s Golden Rule of Consumption by Yukon Huang and China unlocks right kind of growth from Financial Times and Chinese shoppers are thriving from Financial Times