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China’s rising demand for consumer goods and its impact on international trade


Françoise Lemoine
Deniz Ünal

In the present stage of China’s economic development, household consumption should become the main driver of growth, ahead of investment and exports. This rebalancing is crucial for the rate and sustainability of the country's economic growth in the coming years and has had already an impact on its trade relations with the rest of the world.  This Panorama first analyzes the domestic supply of consumer goods and shows that this sector is one of the most dynamic of China’s industry since 2007. It then reveals that China’s imports of consumer goods have increased at an accelerated pace since ten years, driven by a strong demand for high-end products. China is now the world's third largest importer of consumer goods, the second largest for high-end products, with Europe as the main supplier.


Related articles and documents :

  • 1. The share of consumer goods in Chinese industry (2010 and 2014)
  • 2. Total assets (evolution of the share of consumer goods in Chinese industry, 2004-2014)
  • 3. Turnover (evolution of the share of consumer goods in Chinese industry, 2004-2014)
  • 4. Total profits (evolution of the share of consumer goods Chinese in industry, 2004-2014)
  • 5. China’s performance indicators in consumer goods, 2014
  • 6. The share of the exports in the Chinese consumer goods output (2000, 2004, 2009)
  • 7. The share of firms with foreign capital in the consumer goods in China in 2014
  • 8. The share in assets by type of firm in the consumer goods (China, 2014)
  • 9. The share in turnover by type of firm in the consumer goods (China, 2014)
  • 10. The share in profits by type of firm in the consumer goods (China, 2014)
  • 11. World trade flows breakdown by production stage (2000-14)
  • 12. China’s imports by production stage (2000-14)
  • 13. China’s manufacturing imports by production stages and comparison of China to the big emergent countries in manufactured consumer products (2000-14)
  • 14. The share of automobiles and the other consumer goods in Chinese imports of manufactured goods (2000-2014)
  • 15. The breakdown of China’s trade in consumer goods by price/quality range (2000-14)
  • 16. China’s share of up-market goods in imports of consumer goods compared to big emergent countries (2000-14)
  • 17. The share of the US, the EU and China in world trade (all products, without intra-EU28 trade, 2000-14)
  • 18. The share of the US, the EU and China in world by production stage (without intra-EU28 trade, 2000-14)
  • 19. The geographical breakdown of world trade in consumer goods (G20 countries, without intra-EU28, 2014 & 2000-2014 change)
  • 20. Major importers of high-end consumer goods in the world (2000-2014, without intra-EU28 trade)
  • 21. The geographic origin of China’s imports of consumer goods (2000-14)
  • 22. The geographic origin of China’s imports of consumer goods by price/quality range ("2012-14" average & change over a decade)

    •  Panorama du CEPII
    N°2017-01, mars 2017


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    Emerging Countries
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